Insulet Corporation (PODD)
Operating return on assets (Operating ROA)
| 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 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 220,000 | 137,100 | 85,200 | 27,400 | 37,600 | 63,800 | 94,600 | 147,600 | 126,000 | 69,000 | 59,100 | 60,300 | 51,500 | 76,900 | 70,100 | 50,200 | 50,000 | 48,133 | 37,998 | 34,723 |
| Total assets | US$ in thousands | 2,588,200 | 2,467,700 | 2,385,800 | 2,289,100 | 2,251,100 | 2,166,200 | 2,113,700 | 2,069,200 | 2,048,800 | 1,998,900 | 1,923,700 | 1,840,100 | 1,872,900 | 1,710,600 | 1,626,700 | 1,108,200 | 1,142,900 | 1,268,390 | 977,723 | 952,612 |
| Operating ROA | 8.50% | 5.56% | 3.57% | 1.20% | 1.67% | 2.95% | 4.48% | 7.13% | 6.15% | 3.45% | 3.07% | 3.28% | 2.75% | 4.50% | 4.31% | 4.53% | 4.37% | 3.79% | 3.89% | 3.65% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $220,000K ÷ $2,588,200K
= 8.50%
To analyze Insulet Corporation's operating return on assets (Operating ROA), we observe a fluctuating trend in the ratio over the eight quarters presented. In Q1 2022, the Operating ROA stood at 7.13%, indicating a relatively high profitability generated from the company's assets. However, there was a decline in Q2 2022 to 4.48%, followed by further reduction in Q3 2022 to 2.95%. The ratio continued its downward trend in Q4 2022 to 1.67%, reflecting a decrease in the company's ability to generate profits from its operating activities relative to its assets.
The start of 2023 saw a slight improvement in Q1 with an operating ROA of 1.20%, indicating some recovery in profitability. Subsequently, there was a notable increase in Q2 2023 to 3.57%, suggesting a positive impact on the company's efficiency in generating profits from its assets. This trend continued in Q3 2023 with an Operating ROA of 5.56%, signifying a further improvement in profitability.
The most recent data for Q4 2023 shows a significant rise in Operating ROA to 8.50%, marking a substantial increase in the company's ability to generate profits through its operating activities relative to its assets. Overall, the fluctuating trend in Insulet Corporation's Operating ROA underscores the importance of closely monitoring and analyzing shifts in profitability to assess the company's operational efficiency and financial performance.
Peer comparison
Dec 31, 2023