Owens & Minor Inc (OMI)
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 | -134,929 | 187,059 | 186,696 | 132,317 | 118,795 | 9,486 | 45,892 | 110,138 | 179,868 | 291,177 | 293,805 | 315,604 | 368,472 | 402,063 | 414,741 | 340,053 | 204,117 | 123,043 | 72,804 | 66,752 |
| Total assets | US$ in thousands | 4,656,160 | 5,081,280 | 5,304,000 | 5,207,990 | 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 |
| Operating ROA | -2.90% | 3.68% | 3.52% | 2.54% | 2.33% | 0.19% | 0.87% | 2.07% | 3.34% | 5.26% | 5.29% | 5.53% | 10.42% | 11.22% | 11.55% | 10.03% | 6.12% | 3.73% | 2.32% | 1.80% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-134,929K ÷ $4,656,160K
= -2.90%
Operating return on assets (Operating ROA) is a key financial ratio that measures a company's ability to generate operating income from its assets. The trend analysis of Owens & Minor Inc's Operating ROA over the past few years shows fluctuations in performance.
From March 31, 2020, to June 30, 2021, the Operating ROA consistently improved, indicating increased efficiency in utilizing assets to generate operating income. However, from September 30, 2021, to December 31, 2022, there was a gradual decline in Operating ROA, possibly due to changes in the company's operational effectiveness or asset management.
The peak of 11.55% in June 30, 2021, shows a period of strong performance in generating operating income relative to the company's assets. Subsequently, a decline occurred, with the Operating ROA dropping to -2.90% as of December 31, 2024, indicating a negative return on assets. This significant decrease may suggest challenges in effectively utilizing assets to support the company's operating activities.
Overall, the fluctuating trend in Owens & Minor Inc's Operating ROA highlights the importance of closely monitoring operational efficiency and asset management to maintain sustainable performance levels over time.
Peer comparison
Dec 31, 2024