Service Corporation International (SCI)
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 | 927,680 | 944,255 | 927,316 | 1,190,680 | 842,770 |
| Total assets | US$ in thousands | 17,379,400 | 16,355,400 | 15,066,000 | 15,691,200 | 14,515,400 |
| Operating ROA | 5.34% | 5.77% | 6.16% | 7.59% | 5.81% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $927,680K ÷ $17,379,400K
= 5.34%
Service Corporation International's operating return on assets (ROA) has shown fluctuations over the past five years. The trend indicates an improvement from 5.81% on December 31, 2020, to a peak of 7.59% on December 31, 2021. However, there was a slight decline in 2022 to 6.16%, followed by further decreases to 5.77% in 2023 and 5.34% in 2024.
Overall, Service Corporation International's operating ROA demonstrates variability in its efficiency in generating operating profits relative to its asset base. The company may need to focus on strategies to enhance asset utilization and profitability to maintain or improve its financial performance in the future.
Peer comparison
Dec 31, 2024