Option Care Health Inc (OPCH)
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 | 321,833 | 319,352 | 315,308 | 317,000 | 314,595 | 298,231 | 277,902 | 254,611 | 240,231 | 232,811 | 224,976 | 213,992 | 190,841 | 174,412 | 156,085 | 131,201 | 110,755 | 80,385 | 34,104 | 20,660 |
| Total assets | US$ in thousands | 3,421,740 | 3,427,730 | 3,348,590 | 3,249,560 | 3,328,350 | 3,243,620 | 3,320,900 | 3,130,400 | 3,112,940 | 3,073,260 | 2,985,910 | 2,878,280 | 2,790,920 | 2,786,140 | 2,718,760 | 2,640,470 | 2,647,440 | 2,668,490 | 2,626,260 | 2,612,530 |
| Operating ROA | 9.41% | 9.32% | 9.42% | 9.76% | 9.45% | 9.19% | 8.37% | 8.13% | 7.72% | 7.58% | 7.53% | 7.43% | 6.84% | 6.26% | 5.74% | 4.97% | 4.18% | 3.01% | 1.30% | 0.79% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $321,833K ÷ $3,421,740K
= 9.41%
Option Care Health Inc's operating return on assets (operating ROA) has shown a steady increase over the analyzed period from March 31, 2020, to December 31, 2024. The operating ROA started at 0.79% in March 2020 and consistently improved to reach 9.41% by December 2024.
The company's operating ROA experienced significant growth in the first two years, with a noticeable acceleration in the percentage from December 2020 to March 2021. Subsequently, the operating ROA continued to rise steadily, with relatively stable growth rates.
The increasing trend in operating ROA indicates that Option Care Health Inc has been effectively utilizing its assets to generate operating income over time. This improvement reflects the company's operational efficiency, profitability, and ability to generate higher returns relative to its asset base.
Overall, the consistent upward trajectory of Option Care Health Inc's operating ROA demonstrates positive performance and efficient asset management, which is vital for sustainable growth and profitability in the long term.
Peer comparison
Dec 31, 2024