Omnicell Inc (OMCL)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 3,500 | -32,261 | -35,113 | -30,589 | -34,868 | -49,860 | -35,107 | -30,370 | -2,323 | 47,623 | 58,550 | 74,981 | 89,507 | 98,132 | 78,892 | 42,985 | 35,526 | 37,494 | 51,988 | 77,742 |
| Total assets | US$ in thousands | 2,120,960 | 2,303,590 | 2,291,660 | 2,283,760 | 2,226,880 | 2,221,580 | 2,193,870 | 2,250,840 | 2,210,760 | 2,179,680 | 2,131,460 | 2,122,590 | 2,142,500 | 2,051,470 | 1,960,990 | 1,886,620 | 1,824,500 | 1,719,280 | 1,222,450 | 1,231,650 |
| Operating ROA | 0.17% | -1.40% | -1.53% | -1.34% | -1.57% | -2.24% | -1.60% | -1.35% | -0.11% | 2.18% | 2.75% | 3.53% | 4.18% | 4.78% | 4.02% | 2.28% | 1.95% | 2.18% | 4.25% | 6.31% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $3,500K ÷ $2,120,960K
= 0.17%
Omnicell Inc's operating return on assets (operating ROA) has shown a declining trend over the past few years, starting at a relatively healthy level of 6.31% as of March 31, 2020. However, the operating ROA steadily decreased to 0.17% by December 31, 2024.
This decreasing trend indicates that Omnicell Inc's ability to generate operating income from its assets has weakened over time. It is important for the company to closely monitor and potentially address the factors contributing to this decline to improve its operational efficiency and overall financial performance.
Furthermore, the negative operating ROA figures in the recent quarters suggest that Omnicell Inc may be facing challenges in efficiently utilizing its assets to generate profits from its core operations. Management should consider implementing strategic initiatives to enhance asset productivity and profitability in order to reverse this negative trend and improve the company's financial health.
Peer comparison
Dec 31, 2024