Penumbra Inc (PEN)
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 | 86,224 | 78,478 | 55,739 | 77,644 | 66,976 | 30,339 | 23,148 | 5,120 | -359 | -38,808 | -35,461 | -25,010 | -7,501 | 30,811 | 1,872 | -26,089 | -38,942 | -26,618 | 6,516 | 36,966 |
| Total assets | US$ in thousands | 1,533,180 | 1,479,120 | 1,534,560 | 1,579,840 | 1,556,300 | 1,468,380 | 1,432,530 | 1,395,300 | 1,370,890 | 1,321,600 | 1,327,900 | 1,301,570 | 1,244,250 | 973,241 | 910,218 | 840,824 | 822,983 | 810,303 | 780,200 | 664,240 |
| Operating ROA | 5.62% | 5.31% | 3.63% | 4.91% | 4.30% | 2.07% | 1.62% | 0.37% | -0.03% | -2.94% | -2.67% | -1.92% | -0.60% | 3.17% | 0.21% | -3.10% | -4.73% | -3.28% | 0.84% | 5.57% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $86,224K ÷ $1,533,180K
= 5.62%
Operating Return on Assets (Operating ROA) is a financial metric that indicates the efficiency of a company in generating profits from its operating activities relative to its total assets.
Analyzing Penumbra Inc's operating ROA data from March 31, 2020, to December 31, 2024, shows fluctuating performance over time. The company started with a positive operating ROA of 5.57% in March 2020 but experienced a significant decline to -4.73% by December 2020. This negative trend continued until June 2021 with -2.67%.
However, from September 2021 onwards, Penumbra Inc gradually improved its operating ROA, reaching positive figures by March 2023. Notably, the company demonstrated consistent growth in its operating efficiency, with operating ROA steadily increasing to 5.62% by December 31, 2024.
Overall, Penumbra Inc's operating ROA has shown a mix of positive and negative performance indicators over the analyzed period, with a recovery and improvement observed in recent quarters. This suggests that the company has been able to enhance its profitability from operating activities relative to its asset base.
Peer comparison
Dec 31, 2024