OSI Systems Inc (OSIS)

Operating return on assets (Operating ROA)

Jun 30, 2025 Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021
Operating income US$ in thousands 217,524 189,061 135,279 121,749 81,620
Total assets US$ in thousands 2,241,260 1,936,010 1,555,690 1,443,150 1,384,370
Operating ROA 9.71% 9.77% 8.70% 8.44% 5.90%

June 30, 2025 calculation

Operating ROA = Operating income ÷ Total assets
= $217,524K ÷ $2,241,260K
= 9.71%

The operating return on assets (ROA) for OSI Systems Inc. demonstrates a positive and generally upward trend over the analyzed period from June 30, 2021, to June 30, 2025. Specifically, the operating ROA increased from 5.90% in 2021 to 8.44% in 2022, representing a significant improvement in the efficiency with which the company utilizes its assets to generate operating income. This upward trajectory continued into 2023, with the operating ROA reaching 8.70%, indicating sustained operational efficiency gains.

Further expansion is observed in 2024, where the operating ROA rose to 9.77%, marking the highest level within the analyzed timeframe. This suggests that OSI Systems Inc. substantially enhanced its operational leverage and asset utilization capabilities during this period. Slightly lower yet stable, the operating ROA in 2025 is recorded at 9.71%, marginally below the 2024 peak, indicating a stabilization of operating efficiency at a high level.

Overall, the trend reflects a consistent improvement in the company's ability to generate operating income relative to its assets, which could be attributed to effective operational strategies, cost management, or revenue growth initiatives. The progression underscores a period of operational strengthening, with the company maintaining high efficiency levels toward the end of the analyzed span.