Option Care Health Inc (OPCH)

Return on assets (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
Net income (ttm) US$ in thousands 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 -92,118 -75,920 -56,855 -12,270 -2,976
Total assets US$ in thousands 3,217,040 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 2,589,550 2,581,920 600,577 597,190
ROA 8.30% 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% -3.53% -2.93% -2.20% -2.04% -0.50%

December 31, 2023 calculation

ROA = Net income (ttm) ÷ Total assets
= $267,090K ÷ $3,217,040K
= 8.30%

Option Care Health Inc.'s return on assets (ROA) has shown a positive trend over the past two years, with the latest ROA for Q4 2023 reaching 8.30%. This indicates that the company generated $0.083 in net income for every dollar of assets it holds during that quarter. The ROA has been steadily increasing from Q1 2022 to Q4 2023, reflecting improving efficiency in asset utilization and profitability. However, it is essential to investigate the drivers behind this ROA trend to determine the sustainability and effectiveness of the company's asset management and operational performance.


Peer comparison

Dec 31, 2023