Saia Inc (SAIA)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 482,160 | 460,496 | 470,488 | 335,141 | 180,321 |
| Total assets | US$ in thousands | 3,166,860 | 2,583,560 | 2,174,710 | 1,845,250 | 1,548,770 |
| Operating ROA | 15.23% | 17.82% | 21.63% | 18.16% | 11.64% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $482,160K ÷ $3,166,860K
= 15.23%
Saia Inc's operating return on assets (ROA) has shown a positive trend over the past five years, increasing from 11.64% as of December 31, 2020, to 15.23% as of December 31, 2024. This indicates that the company has been able to generate more operating income relative to its assets over time.
The peak operating ROA was recorded as 21.63% on December 31, 2022, suggesting a period of strong operational efficiency and profitability for Saia Inc. However, there was a slight decline in the following years, with the operating ROA dropping to 17.82% as of December 31, 2023, and further to 15.23% at the end of 2024.
Overall, the company's ability to generate operating income from its assets has improved since 2020, although there were fluctuations in the performance over the years. It would be important for stakeholders to further investigate the reasons behind the fluctuations to ensure sustainable profitability and efficiency in the future.
Peer comparison
Dec 31, 2024