Prestige Brand Holdings Inc (PBH)
Operating return on assets (Operating ROA)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 342,429 | -20,721 | -20,369 | -24,235 | -22,415 | 336,007 | 331,417 | 325,591 | 329,919 | 323,431 | 314,280 | 308,625 | 297,402 | 300,382 | 303,343 | 299,788 | 291,155 | 63,789 | 64,926 | 66,502 |
| Total assets | US$ in thousands | 3,318,420 | 3,339,750 | 3,332,870 | 3,345,580 | 3,353,730 | 3,749,770 | 3,678,510 | 3,682,230 | 3,670,680 | 3,659,410 | 3,675,820 | 3,559,110 | 3,429,270 | 3,468,770 | 3,434,310 | 3,450,150 | 3,513,900 | 3,464,200 | 3,464,760 | 3,460,710 |
| Operating ROA | 10.32% | -0.62% | -0.61% | -0.72% | -0.67% | 8.96% | 9.01% | 8.84% | 8.99% | 8.84% | 8.55% | 8.67% | 8.67% | 8.66% | 8.83% | 8.69% | 8.29% | 1.84% | 1.87% | 1.92% |
March 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $342,429K ÷ $3,318,420K
= 10.32%
The operating return on assets (operating ROA) for Prestige Brand Holdings Inc has shown some variability over the past few quarters. For the most recent quarter ending March 31, 2024, the operating ROA stood at 10.32%, indicating a healthy return on the company's operating assets. However, the operating ROA was negative in the previous quarter (Dec 31, 2023) and the three quarters preceding it, signaling that the company was not generating positive returns from its operations relative to its asset base during those periods.
Overall, the operating ROA has generally trended positively over the past few quarters, with a notable peak in profitability in the fourth quarter of 2022 (Dec 31, 2022) at 9.01%. This might suggest that management made effective operational decisions during that period to enhance profitability relative to the assets employed.
It is important for investors and stakeholders to closely monitor Prestige Brand Holdings Inc's operating ROA to assess the company's operational efficiency and its ability to generate profits from its assets. Variations in the operating ROA can provide insights into the company's performance and management effectiveness.
Peer comparison
Mar 31, 2024