Progyny Inc (PGNY)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 67,455 | 62,184 | 23,341 | 32,340 | 8,348 |
| Total assets | US$ in thousands | 607,102 | 756,620 | 542,986 | 358,065 | 253,927 |
| Operating ROA | 11.11% | 8.22% | 4.30% | 9.03% | 3.29% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $67,455K ÷ $607,102K
= 11.11%
The operating return on assets (operating ROA) for Progyny Inc has shown fluctuations over the period under consideration. From December 31, 2020, to December 31, 2021, there was a significant increase from 3.29% to 9.03%, indicating improved operational efficiency in generating profits relative to its assets. However, in the subsequent years, the operating ROA fluctuated, dropping to 4.30% on December 31, 2022, before rebounding to 8.22% on December 31, 2023. By the end of December 31, 2024, Progyny Inc achieved the highest operating ROA of 11.11%, signaling a strong performance in utilizing its assets to generate operating income. Overall, the trend suggests variability in Progyny Inc's ability to generate profits from its operational activities relative to its asset base over the years analyzed.
Peer comparison
Dec 31, 2024