Progyny Inc (PGNY)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 67,455 | 65,468 | 71,199 | 65,696 | 62,184 | 51,690 | 44,756 | 38,410 | 23,341 | 19,847 | 17,657 | 20,475 | 32,340 | 33,689 | 29,452 | 16,724 | 8,348 | 8,331 | 6,572 |
| Total assets | US$ in thousands | 607,102 | 659,972 | 698,632 | 794,304 | 756,620 | 726,512 | 681,537 | 649,724 | 542,986 | 510,444 | 462,876 | 415,525 | 358,065 | 336,682 | 312,075 | 294,588 | 253,927 | 202,051 | 177,554 |
| Operating ROA | 11.11% | 9.92% | 10.19% | 8.27% | 8.22% | 7.11% | 6.57% | 5.91% | 4.30% | 3.89% | 3.81% | 4.93% | 9.03% | 10.01% | 9.44% | 5.68% | 3.29% | 4.12% | 3.70% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $67,455K ÷ $607,102K
= 11.11%
The operating return on assets (operating ROA) for Progyny Inc has shown fluctuations over the observed period. It started at 3.70% on June 30, 2020, and experienced variability over subsequent quarters, peaking at 11.11% on December 31, 2024. The operating ROA indicates how efficiently the company is generating operating income from its assets.
The trend indicates improvements in profitability efficiency, as there are periods of increasing operating ROA, especially in the second half of the analyzed period. This suggests that the company may have been effectively managing its assets to generate higher operating returns.
However, there are also some fluctuations and declines in the operating ROA during certain quarters, which may imply challenges or changes in the company's operations or asset utilization strategies during those periods.
Overall, the increasing trend in the later quarters is a positive sign, showing improved operational efficiency and profitability. It would be important to further investigate the factors contributing to these fluctuations to better understand the company's performance and prospects.
Peer comparison
Dec 31, 2024