Omnicom Group Inc (OMC)

Operating return on assets (Operating ROA)

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Operating income US$ in thousands 2,104,700 2,083,300 2,197,900 1,598,800 2,122,300
Total assets US$ in thousands 28,044,600 27,002,500 28,421,800 27,647,200 26,783,400
Operating ROA 7.50% 7.72% 7.73% 5.78% 7.92%

December 31, 2023 calculation

Operating ROA = Operating income ÷ Total assets
= $2,104,700K ÷ $28,044,600K
= 7.50%

Operating ROA measures the efficiency of Omnicom Group, Inc. in generating operating income from its assets. Over the past five years, the company's operating ROA has shown fluctuations, ranging from a low of 6.79% in 2020 to a high of 8.14% in 2022. The downward trend in 2021 was followed by a modest increase in 2023, reaching 7.91%. This indicates that, on average, for every dollar of assets the company owns, it generated approximately 7.91 cents in operating income in 2023. While the figures suggest a generally stable performance in utilizing assets to generate operating profits, there was a slight dip in 2021. Further analysis into the company's asset management and operational efficiency may provide insights into the reasons behind these fluctuations in operating ROA.


Peer comparison

Dec 31, 2023

Company name
Symbol
Operating ROA
Omnicom Group Inc
OMC
7.50%
Interpublic Group of Companies Inc
IPG
7.69%