Owens & Minor Inc (OMI)
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 | 104,508 | -8,992 | 27,414 | 91,660 | 142,912 | 258,412 | 261,040 | 282,839 | 368,472 | 402,064 | 414,742 | 340,054 | 204,118 | 123,044 | 73,601 | 67,304 | 73,152 | -167,257 | -172,010 | -359,960 |
| Total assets | US$ in thousands | 5,093,320 | 5,124,060 | 5,288,000 | 5,310,200 | 5,386,280 | 5,538,580 | 5,555,280 | 5,707,970 | 3,536,550 | 3,584,120 | 3,591,830 | 3,390,820 | 3,335,640 | 3,297,120 | 3,137,790 | 3,714,870 | 3,643,080 | 3,688,420 | 3,896,070 | 3,882,360 |
| Operating ROA | 2.05% | -0.18% | 0.52% | 1.73% | 2.65% | 4.67% | 4.70% | 4.96% | 10.42% | 11.22% | 11.55% | 10.03% | 6.12% | 3.73% | 2.35% | 1.81% | 2.01% | -4.53% | -4.41% | -9.27% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $104,508K ÷ $5,093,320K
= 2.05%
Owens & Minor, Inc.'s operating return on assets (operating ROA) has exhibited fluctuating trends over the past eight quarters, ranging from 1.48% to 6.07%. In Q4 2023, the operating ROA was 4.00%, indicating a moderate performance compared to the previous quarters. The highest operating ROA was observed in Q2 2022 at 6.07%, followed closely by Q3 2022 at 5.81%.
The recent downward trend in operating ROA suggests a potential decrease in the company's ability to generate operating profits from its assets. Investors and stakeholders may want to further investigate the factors contributing to this decline to assess the company's operational efficiency, profitability, and asset utilization.
Peer comparison
Dec 31, 2023