Sotera Health Co (SHC)
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 | 297,626 | 276,692 | 248,350 | 256,733 | 206,018 |
| Total assets | US$ in thousands | 3,071,650 | 3,130,420 | 3,117,700 | 2,789,500 | 2,761,280 |
| Operating ROA | 9.69% | 8.84% | 7.97% | 9.20% | 7.46% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $297,626K ÷ $3,071,650K
= 9.69%
Sotera Health Co's operating return on assets (operating ROA) has shown a positive trend over the past five years, indicating the company's ability to generate profit from its operating activities relative to its assets.
Starting at 7.46% on December 31, 2020, the operating ROA improved to 9.20% by December 31, 2021, showcasing enhanced efficiency in asset utilization and profitability. In the following years, the operating ROA remained above initial levels, with percentages of 7.97%, 8.84%, and 9.69% recorded for December 31, 2022, 2023, and 2024 respectively.
Overall, the consistent increase in operating ROA signifies Sotera Health Co's effectiveness in utilizing its assets to generate operating income, reflecting positively on the company's operational efficiency and financial performance.
Peer comparison
Dec 31, 2024