Super Micro Computer Inc (SMCI)
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 | 1,544,623 | 1,547,463 | 1,210,774 | 1,149,043 | 869,811 | 713,529 | 761,142 | 699,600 | 690,295 | 526,162 | 335,167 | 209,035 | 136,313 | 122,629 | 123,947 | 94,294 | 92,785 | 83,235 | 85,654 | 106,366 |
| Total assets | US$ in thousands | 9,728,350 | 10,851,400 | 9,826,090 | 8,862,780 | 5,405,000 | 4,095,960 | 3,674,730 | 3,192,600 | 3,074,940 | 3,301,280 | 3,205,080 | 3,071,180 | 2,676,600 | 2,426,690 | 2,241,960 | 1,998,840 | 1,894,070 | 1,816,690 | 1,918,650 | 1,960,240 |
| Operating ROA | 15.88% | 14.26% | 12.32% | 12.96% | 16.09% | 17.42% | 20.71% | 21.91% | 22.45% | 15.94% | 10.46% | 6.81% | 5.09% | 5.05% | 5.53% | 4.72% | 4.90% | 4.58% | 4.46% | 5.43% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,544,623K ÷ $9,728,350K
= 15.88%
The operating return on assets (operating ROA) of Super Micro Computer Inc has shown a fluctuating trend over the past few years. Starting at 5.43% as of March 31, 2020, the operating ROA decreased slightly to 4.46% by June 30, 2020. However, it began to rise gradually, reaching 6.81% by March 31, 2022.
The performance peaked at 22.45% on December 31, 2022, but then started to decline in the subsequent quarters. Despite some fluctuations, the operating ROA remained above 10% until June 30, 2023.
From September 30, 2023, to December 31, 2024, there was a downward trend, with the operating ROA declining from 17.42% to 15.88%. This downward trend may indicate potential challenges in generating operating income relative to the company's assets during these periods.
Overall, the operating ROA of Super Micro Computer Inc has shown both periods of growth and decline, suggesting variability in the company's operational efficiency and profitability over the analyzed time frame.
Peer comparison
Dec 31, 2024