Omnicom Group Inc (OMC)
Operating return on assets (Operating ROA)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 2,104,700 | 2,100,700 | 2,085,900 | 2,076,800 | 2,083,300 | 2,063,100 | 2,058,700 | 2,085,500 | 2,197,900 | 2,190,100 | 2,149,900 | 1,644,000 | 1,598,800 | 1,630,500 | 1,602,400 | 2,113,600 | 2,122,300 | 2,103,100 | 2,132,100 | 2,140,700 |
| Total assets | US$ in thousands | 28,044,600 | 25,010,800 | 25,067,600 | 25,237,600 | 27,002,500 | 24,132,200 | 24,905,500 | 26,145,700 | 28,421,800 | 25,580,800 | 25,654,400 | 25,614,300 | 27,647,200 | 23,779,500 | 22,641,100 | 23,675,900 | 26,783,400 | 23,653,500 | 25,042,100 | 25,211,200 |
| Operating ROA | 7.50% | 8.40% | 8.32% | 8.23% | 7.72% | 8.55% | 8.27% | 7.98% | 7.73% | 8.56% | 8.38% | 6.42% | 5.78% | 6.86% | 7.08% | 8.93% | 7.92% | 8.89% | 8.51% | 8.49% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $2,104,700K ÷ $28,044,600K
= 7.50%
To analyze Omnicom Group, Inc.'s operating return on assets (operating ROA) based on the provided data, we can calculate the average operating ROA over the eight quarters provided.
To calculate the average operating ROA, we sum the operating ROA figures for each quarter and divide by the total number of quarters:
(7.91% + 8.08% + 8.01% + 8.23% + 8.14% + 9.02% + 8.72% + 8.22%) / 8
Which equals:
(58.33%) / 8 = 7.29%
Therefore, the average operating ROA for Omnicom Group, Inc. over the given eight quarters is 7.29%.
This indicates that, on average, Omnicom Group, Inc. generates a return of 7.29% on its operating assets across the quarters analyzed. It is important for the company to monitor this metric over time to ensure efficient utilization of its assets to generate profits for shareholders. Additionally, comparing this average with industry benchmarks and historical trends may provide further insights into the company's operational efficiency and performance.
Peer comparison
Dec 31, 2023