Option Care Health Inc (OPCH)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 211,823 | 267,090 | 150,556 | 139,898 | -8,076 |
| Total assets | US$ in thousands | 3,421,740 | 3,217,040 | 3,112,940 | 2,790,920 | 2,647,440 |
| ROA | 6.19% | 8.30% | 4.84% | 5.01% | -0.31% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $211,823K ÷ $3,421,740K
= 6.19%
Option Care Health Inc's return on assets (ROA) has shown a fluctuating trend over the past five years. In December 2020, the ROA was negative at -0.31%, indicating a potential inefficiency in asset utilization. However, the company was able to turn this around significantly in the subsequent years.
The ROA improved to 5.01% by December 2021, showing a positive trajectory in asset profitability. This upward trend continued into 2022 and 2023, with ROA values of 4.84% and 8.30% respectively. These figures suggest that Option Care Health Inc was effectively generating profit from its assets during these years.
However, in December 2024, the ROA dipped slightly to 6.19%, indicating a potential decrease in asset efficiency compared to the previous year. Overall, Option Care Health Inc has demonstrated the ability to efficiently utilize its assets to generate returns, with some fluctuations in performance over the years. Continued monitoring and analysis of ROA will be important to assess the company's ongoing financial health and asset management strategies.
Peer comparison
Dec 31, 2024