Resideo Technologies Inc (REZI)
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 | 538,000 | 541,000 | 524,000 | 544,000 | 547,000 | 498,000 | 500,000 | 492,000 | 486,000 | 529,000 | 585,000 | 561,000 | 559,000 | 570,000 | 534,000 | 407,000 | 311,000 | 231,000 | 159,000 | 207,000 |
| Total assets | US$ in thousands | 8,199,000 | 8,135,000 | 7,984,000 | 6,520,000 | 6,645,000 | 6,459,000 | 6,536,000 | 6,399,000 | 6,387,000 | 6,262,000 | 6,316,000 | 6,245,000 | 5,853,000 | 5,834,000 | 5,712,000 | 5,576,000 | 5,610,000 | 5,269,000 | 5,166,000 | 5,287,000 |
| Operating ROA | 6.56% | 6.65% | 6.56% | 8.34% | 8.23% | 7.71% | 7.65% | 7.69% | 7.61% | 8.45% | 9.26% | 8.98% | 9.55% | 9.77% | 9.35% | 7.30% | 5.54% | 4.38% | 3.08% | 3.92% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $538,000K ÷ $8,199,000K
= 6.56%
Based on the data provided, Resideo Technologies Inc operating return on assets (operating ROA) has shown fluctuations over the quarters. The operating ROA started at 3.92% in March 2020, increased to 9.77% in September 2021, and then declined to 6.56% in December 2024.
The trend indicates a general improvement in operating ROA from March 2020 to September 2021, followed by a decline in the latter part of the period under review. It peaked at 9.77% in September 2021 but gradually trended downwards to 6.56% by December 2024.
This could suggest changes in the company's operational efficiency and profitability during the period. It is important for management to closely monitor and analyze these fluctuations to ensure sustainable performance in the future.