EchoStar Corporation (SATS)
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 | -304,070 | -277,909 | 189,644 | 217,010 | 112,473 |
| Total assets | US$ in thousands | 60,938,700 | 57,108,900 | 6,199,000 | 6,045,200 | 7,073,350 |
| Operating ROA | -0.50% | -0.49% | 3.06% | 3.59% | 1.59% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $-304,070K ÷ $60,938,700K
= -0.50%
EchoStar Corporation's operating return on assets (ROA) has shown fluctuations over the years, as per the data provided. In 2020, the operating ROA was 1.59%, which increased significantly to 3.59% by the end of 2021. However, by December 31, 2022, the operating ROA slightly decreased to 3.06%.
The following years saw a decline in the operating ROA, with a negative return in 2023 (-0.49%) and a similar negative trend continuing into 2024 (-0.50%). This trend indicates a decrease in the efficiency of EchoStar Corporation in generating operating income from its assets during these years.
Overall, the fluctuating trend in operating ROA suggests that EchoStar Corporation may have experienced challenges in optimizing its asset utilization and operational performance during the period under review. Further analysis of the company's operational strategies and financial performance may be necessary to understand the factors contributing to these fluctuations in operating ROA.
Peer comparison
Dec 31, 2024