PTC Inc (PTC)
Operating return on assets (Operating ROA)
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 588,062 | 515,223 | 529,302 | 472,286 | 458,474 | 483,357 | 453,434 | 490,085 | 447,362 | 416,482 | 410,087 | 352,587 | 380,747 | 332,622 | 322,441 | 270,776 | 210,863 | 190,402 | 136,306 | 63,423 |
| Total assets | US$ in thousands | 6,383,540 | 6,128,140 | 6,205,260 | 6,271,160 | 6,288,840 | 6,207,650 | 6,299,620 | 4,795,770 | 4,687,270 | 4,605,540 | 4,378,520 | 4,420,620 | 4,507,560 | 4,206,220 | 4,181,220 | 3,448,890 | 3,382,740 | 3,376,170 | 3,866,470 | 3,279,830 |
| Operating ROA | 9.21% | 8.41% | 8.53% | 7.53% | 7.29% | 7.79% | 7.20% | 10.22% | 9.54% | 9.04% | 9.37% | 7.98% | 8.45% | 7.91% | 7.71% | 7.85% | 6.23% | 5.64% | 3.53% | 1.93% |
September 30, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $588,062K ÷ $6,383,540K
= 9.21%
The operating return on assets (ROA) for PTC Inc has shown a positive trend over the most recent quarters, indicating improving operational efficiency and profitability. The operating ROA has increased from 6.23% in Sep 2020 to 9.21% in Sep 2024. This is a noteworthy improvement over the past four years.
The steady growth in operating ROA suggests that PTC Inc has been effectively utilizing its assets to generate operating profits. This could be attributed to efficient cost management, improved sales performance, or strategic investments in core business operations.
The company's operating ROA peaked at 10.22% in Dec 2022, indicating a particularly strong performance during that period. Although there have been fluctuations in the operating ROA over the quarters, the overall trend remains positive, reflecting the company's ability to generate profits from its core business activities.
PTC Inc's consistent improvement in operating ROA showcases its ability to efficiently generate profit from its assets and indicates a positive outlook for the company's financial performance. It suggests that the company has been successful in driving operational efficiency and enhancing its profitability over the analyzed period.
Peer comparison
Sep 30, 2024