Silicon Laboratories Inc (SLAB)
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 | -165,490 | -209,974 | -168,049 | -102,861 | -24,154 | 73,032 | 91,038 | 105,250 | 119,260 | 97,824 | 58,326 | 15,460 | -32,838 | -53,888 | -68,212 | -88,488 | -69,826 | -183,526 | -136,107 | -89,788 |
| Total assets | US$ in thousands | 1,222,670 | 1,249,240 | 1,249,990 | 1,344,150 | 1,443,060 | 1,475,060 | 1,518,800 | 2,161,450 | 2,169,430 | 2,336,300 | 2,419,400 | 2,843,760 | 2,958,300 | 3,639,500 | 1,896,000 | 1,870,620 | 1,993,490 | 1,943,080 | 1,923,710 | 1,971,080 |
| Operating ROA | -13.54% | -16.81% | -13.44% | -7.65% | -1.67% | 4.95% | 5.99% | 4.87% | 5.50% | 4.19% | 2.41% | 0.54% | -1.11% | -1.48% | -3.60% | -4.73% | -3.50% | -9.45% | -7.08% | -4.56% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-165,490K ÷ $1,222,670K
= -13.54%
The operating return on assets (operating ROA) of Silicon Laboratories Inc exhibited a fluctuating trend over the analyzed periods. The company experienced negative operating ROA figures in the initial quarters of 2020 and 2021, indicating that its operating income generated from its assets was insufficient to cover operating expenses and capital costs during those times.
However, there was a notable improvement starting from the first quarter of 2022, where the operating ROA turned positive, suggesting that the company's operating performance started to strengthen, leading to a more effective utilization of its assets to generate income. This positive momentum continued through the subsequent periods up to the third quarter of 2023, peaking at 5.99%.
Nevertheless, the operating ROA declined in the last quarter of 2023 and further deteriorated in the following periods of 2024, reaching negative values once again. This downward trend may indicate challenges faced by Silicon Laboratories Inc in maintaining profitability and efficiency in utilizing its assets to generate operating income during the latter part of the analyzed period.
Overall, the fluctuating nature of Silicon Laboratories Inc's operating return on assets suggests varying levels of operational efficiency and profitability over the analyzed quarters, highlighting the need for continued performance evaluation and strategic management of its asset utilization.
Peer comparison
Dec 31, 2024