Omnicom Group Inc (OMC)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,391,400 | 1,395,500 | 1,388,100 | 1,370,200 | 1,316,500 | 1,302,900 | 1,294,000 | 1,293,800 | 1,407,800 | 1,389,700 | 1,347,400 | 975,000 | 945,300 | 962,200 | 939,100 | 1,334,000 | 1,339,100 | 1,323,300 | 1,332,000 | 1,325,500 |
| 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 |
| ROA | 4.96% | 5.58% | 5.54% | 5.43% | 4.88% | 5.40% | 5.20% | 4.95% | 4.95% | 5.43% | 5.25% | 3.81% | 3.42% | 4.05% | 4.15% | 5.63% | 5.00% | 5.59% | 5.32% | 5.26% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $1,391,400K ÷ $28,044,600K
= 4.96%
Omnicom Group, Inc. has shown a consistent performance in terms of return on assets (ROA) over the past eight quarters. The ROA figures have ranged from 4.88% to 5.58%, reflecting the company's ability to generate profits relative to its total assets.
The highest ROA of 5.58% was recorded in Q3 2023, indicating a notable efficiency in utilizing its assets to generate earnings during that period. This was followed closely by Q2 2023 and Q4 2023, with ROA figures of 5.54% and 4.96%, respectively.
On the other hand, the lowest ROA of 4.88% was observed in Q4 2022. Despite this dip, Omnicom Group, Inc. managed to maintain a generally solid ROA performance throughout the quarters.
Overall, the consistent range of ROA figures suggests that Omnicom Group, Inc. has been effectively managing its assets to generate profits and create value for its shareholders over the analyzed period.
Peer comparison
Dec 31, 2023