Pool Corporation (POOL)
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 | 617,204 | 635,898 | 653,988 | 709,516 | 746,567 | 774,518 | 843,952 | 935,831 | 1,025,783 | 1,046,379 | 1,019,778 | 939,476 | 832,784 | 779,243 | 690,200 | 557,471 | 464,028 | 415,476 | 371,783 | 338,449 |
| Total assets | US$ in thousands | 3,368,180 | 3,367,390 | 3,640,910 | 3,758,830 | 3,428,070 | 3,430,730 | 3,680,580 | 3,862,830 | 3,565,440 | 3,688,060 | 3,962,100 | 3,882,140 | 3,230,130 | 2,282,230 | 2,214,040 | 2,141,690 | 1,739,670 | 1,587,590 | 1,654,800 | 1,747,780 |
| Operating ROA | 18.32% | 18.88% | 17.96% | 18.88% | 21.78% | 22.58% | 22.93% | 24.23% | 28.77% | 28.37% | 25.74% | 24.20% | 25.78% | 34.14% | 31.17% | 26.03% | 26.67% | 26.17% | 22.47% | 19.36% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $617,204K ÷ $3,368,180K
= 18.32%
Operating Return on Assets (Operating ROA) is a financial ratio that measures a company's ability to generate earnings from its operational assets. For Pool Corporation, the Operating ROA showed fluctuations over the period from March 31, 2020, to December 31, 2024.
The Operating ROA started at 19.36% on March 31, 2020, and increased steadily to reach its peak at 34.14% on September 30, 2021. This indicates that Pool Corporation was effectively utilizing its assets to generate operating income during this period.
However, the ratio experienced a slight decline in the subsequent quarters, settling at 21.78% by December 31, 2023. This decrease could suggest challenges in asset management efficiency or fluctuations in profitability.
By the end of the period, on December 31, 2024, the Operating ROA recovered slightly to 18.32%. Overall, the trend of the Operating ROA for Pool Corporation indicates periods of strong asset utilization and profitability, albeit with some fluctuations. Investors and stakeholders should continue to monitor this ratio to assess the company's operational efficiency and profitability.