Option Care Health Inc (OPCH)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 211,823 | 208,867 | 211,313 | 272,673 | 267,090 | 257,442 | 239,963 | 159,489 | 150,556 | 178,494 | 175,147 | 173,034 | 139,898 | 82,270 | 48,457 | 8,973 | -8,076 | -41,726 | -86,183 | -94,181 |
| 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 |
| ROA | 6.19% | 6.09% | 6.31% | 8.39% | 8.02% | 7.94% | 7.23% | 5.09% | 4.84% | 5.81% | 5.87% | 6.01% | 5.01% | 2.95% | 1.78% | 0.34% | -0.31% | -1.56% | -3.28% | -3.60% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ 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 few years. The company experienced negative ROA figures in 2020, ranging from -3.60% in March to -0.31% in December. However, this trend reversed in 2021, with ROA turning positive at 0.34% in March and increasing steadily to 5.01% by December.
In 2022, the positive momentum continued with ROA reaching a peak of 7.23% in June. Despite a slight dip in the following quarters, ROA remained relatively strong above 5% throughout 2022. The trend persisted into 2023, with ROA ranging from 5.09% to 8.02% by the end of the year, indicating improved efficiency in generating profits from its assets.
By June 2024, the ROA dropped to 6.31% but stabilized around 6% in the subsequent quarters. Overall, Option Care Health Inc's ROA has shown an upward trajectory since 2021, reflecting the company's ability to effectively utilize its assets to generate profits. This positive trend signifies improved asset management efficiency and potential for continued financial growth.
Peer comparison
Dec 31, 2024