OSI Systems Inc (OSIS)
Operating return on assets (Operating ROA)
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 217,524 | 211,215 | 207,919 | 202,283 | 194,514 | 184,952 | 157,582 | 123,407 | 119,148 | 101,554 | 133,271 | 144,211 | 150,591 | 144,888 | 120,086 | 123,358 | 115,371 | 104,973 | 96,132 | 96,693 |
| Total assets | US$ in thousands | 2,241,260 | 2,081,000 | 2,130,910 | 2,113,510 | 1,936,010 | 1,831,080 | 1,726,480 | 1,588,450 | 1,555,690 | 1,483,300 | 1,466,230 | 1,467,770 | 1,443,150 | 1,459,090 | 1,443,110 | 1,410,640 | 1,384,370 | 1,325,960 | 1,300,800 | 1,270,950 |
| Operating ROA | 9.71% | 10.15% | 9.76% | 9.57% | 10.05% | 10.10% | 9.13% | 7.77% | 7.66% | 6.85% | 9.09% | 9.83% | 10.43% | 9.93% | 8.32% | 8.74% | 8.33% | 7.92% | 7.39% | 7.61% |
June 30, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $217,524K ÷ $2,241,260K
= 9.71%
The operating return on assets (ROA) for OSI Systems Inc. over the specified periods exhibits a general upward trend from September 30, 2020, through March 31, 2022, increasing from 7.61% to a peak of approximately 9.93%. This indicates an improvement in the company's operational efficiency and profitability relative to its asset base during this timeframe.
Following this peak, the operating ROA experiences some fluctuations, with a decline to around 9.09% by December 31, 2022, and a more noticeable decrease to approximately 6.85% as of March 31, 2023. This drop suggests periods of operational challenges or reduced asset utilization efficiency during this time.
Subsequent quarters show a recovery phase, with the operating ROA rising again to approximately 10.10% as of March 31, 2024. The metric maintains relatively stable levels through the middle of 2024, with values around 10.05% to 10.15%, reflecting a period of stabilized operational performance.
Towards the most recent periods, the operating ROA mostly remains within the 9.57% to 10.15% range, indicating a steady state of operational efficiency. The slight fluctuations are typical of ongoing operational conditions and industry dynamics.
Overall, OSI Systems Inc. demonstrates a pattern characterized by initial growth in operating profitability relative to assets, a period of decline, followed by a recovery and stabilization. Such trends could reflect changes in the company's operational environment, strategic adjustments, or macroeconomic factors influencing asset utilization and profitability.
Peer comparison
Jun 30, 2025