Omnicell Inc (OMCL)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 337 | -34,868 | -2,323 | 89,507 | 35,526 |
| Total assets | US$ in thousands | 2,120,960 | 2,226,880 | 2,210,760 | 2,142,500 | 1,824,500 |
| Operating ROA | 0.02% | -1.57% | -0.11% | 4.18% | 1.95% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $337K ÷ $2,120,960K
= 0.02%
Omnicell Inc's operating return on assets (ROA) has fluctuated over the past five years. In 2020, the operating ROA stood at 1.95%, indicating that for every dollar of assets, the company generated a profit of 1.95 cents from its operations.
By the end of 2021, the operating ROA increased to 4.18%, reflecting an improvement in the company's operational efficiency and profitability. However, in 2022, Omnicell Inc experienced a decline in its operating ROA, recording a negative return of -0.11%, which suggests that the company's operating income was insufficient to cover its assets.
The trend continued in 2023, with Omnicell Inc's operating ROA falling further to -1.57%, indicating ongoing operational challenges and inefficiencies. Nonetheless, by the end of 2024, there was a slight improvement as the operating ROA recovered to 0.02%.
Overall, Omnicell Inc's operating ROA trend signals a mix of performance outcomes over the five-year period, demonstrating both periods of improved operational efficiency and profitability, as well as challenges that impacted the company's ability to generate returns from its assets.
Peer comparison
Dec 31, 2024