Palantir Technologies Inc. Class A Common Stock (PLTR)
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 | 310,403 | 365,154 | 291,997 | 196,732 | 119,966 | 36,346 | -65,828 | -117,647 | -161,201 | -202,318 | -232,068 | -336,471 | -411,046 | -508,675 | -1,264,511 | -1,217,508 | -1,173,679 | -1,164,558 | -460,921 | -501,891 |
| Total assets | US$ in thousands | 6,340,880 | 5,768,100 | 5,191,880 | 4,807,080 | 4,522,420 | 4,193,420 | 3,980,260 | 3,683,140 | 3,461,240 | 3,318,840 | 3,282,340 | 3,319,180 | 3,247,450 | 3,224,330 | 3,075,670 | 3,014,180 | 2,690,500 | 2,603,710 | 1,892,360 | — |
| Operating ROA | 4.90% | 6.33% | 5.62% | 4.09% | 2.65% | 0.87% | -1.65% | -3.19% | -4.66% | -6.10% | -7.07% | -10.14% | -12.66% | -15.78% | -41.11% | -40.39% | -43.62% | -44.73% | -24.36% | — |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $310,403K ÷ $6,340,880K
= 4.90%
Palantir Technologies Inc.'s Class A Common Stock operating return on assets (operating ROA) experienced a significant improving trend over the analyzed period, starting from a negative position in June 2020 and gradually increasing to positive percentages in the latter quarters of 2023 and 2024. The company's operating ROA was notably negative in the first half of the observation period, reaching its lowest point of -44.73% in September 2020. However, starting from September 2021, Palantir's operating ROA began to recover steadily, turning positive in the third quarter of 2023.
The positive turn in the trend indicates that Palantir has been able to generate more operating income relative to its total assets, reflecting increased operational efficiency and profitability. This improvement suggests that the company has been utilizing its assets more effectively to generate revenue and potentially create shareholder value. The rising operating ROA demonstrates the company's ability to efficiently manage its assets and operations, which may be a positive signal for investors, indicating a strengthening financial performance and potential for sustainable growth in the future.
Peer comparison
Dec 31, 2024