Par Pacific Holdings Inc (PARR)
Operating return on assets (Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 30,735 | 128,886 | 289,328 | 300,184 | 555,900 | 605,507 | 692,805 | 820,401 | 437,903 | 360,855 | 174,477 | -84,053 | -7,619 | -145,502 | -240,545 | -181,487 | -317,998 | -144,335 | -128,680 | -54,616 |
| Total assets | US$ in thousands | 3,829,370 | 3,853,280 | 3,936,950 | 3,771,680 | 3,863,950 | 3,888,750 | 3,609,970 | 3,327,430 | 3,280,650 | 3,107,100 | 3,245,340 | 2,920,440 | 2,570,250 | 2,521,000 | 2,524,380 | 2,502,470 | 2,133,860 | 2,272,410 | 2,224,800 | 2,140,920 |
| Operating ROA | 0.80% | 3.34% | 7.35% | 7.96% | 14.39% | 15.57% | 19.19% | 24.66% | 13.35% | 11.61% | 5.38% | -2.88% | -0.30% | -5.77% | -9.53% | -7.25% | -14.90% | -6.35% | -5.78% | -2.55% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $30,735K ÷ $3,829,370K
= 0.80%
Operating return on assets (Operating ROA) measures the efficiency of Par Pacific Holdings Inc in generating operating income from its assets. From March 31, 2020, to December 31, 2024, the operating ROA fluctuated significantly. The company experienced negative operating ROA figures in the initial periods, indicating inefficiency in utilizing its assets to generate operating income. However, there was a notable improvement starting from June 30, 2022, where the operating ROA turned positive and increased steadily over the subsequent periods. This positive trend suggests enhanced operational efficiency and profitability, as the company generated increasing operating income relative to its assets during this time frame. The peak operating ROA was observed on March 31, 2023, at 24.66%, signifying a strong performance in asset utilization. The subsequent periods showed some fluctuation but generally maintained positive operating ROA figures, indicating sustained operational efficiency. By December 31, 2024, the operating ROA had declined slightly to 0.80%, but the company still demonstrated effective utilization of its assets to generate operating income. Overall, the trend in the operating ROA of Par Pacific Holdings Inc reflects a transition from inefficiency to improved operational performance and profitability over the analyzed period.
Peer comparison
Dec 31, 2024