Standard Motor Products Inc (SMP)
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 | 96,600 | 102,667 | 100,334 | 86,550 | 92,677 | 98,442 | 97,251 | 97,966 | 104,135 | 112,635 | 117,558 | 126,590 | 128,999 | 135,374 | 144,800 | 123,896 | 108,895 | 95,814 | 79,154 | 90,861 |
| Total assets | US$ in thousands | 1,814,130 | 1,350,540 | 1,374,330 | 1,351,560 | 1,293,050 | 1,299,930 | 1,302,140 | 1,320,020 | 1,254,930 | 1,318,730 | 1,326,550 | 1,310,410 | 1,197,960 | 1,195,730 | 1,155,280 | 976,482 | 956,540 | 950,997 | 944,765 | 940,711 |
| Operating ROA | 5.32% | 7.60% | 7.30% | 6.40% | 7.17% | 7.57% | 7.47% | 7.42% | 8.30% | 8.54% | 8.86% | 9.66% | 10.77% | 11.32% | 12.53% | 12.69% | 11.38% | 10.08% | 8.38% | 9.66% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $96,600K ÷ $1,814,130K
= 5.32%
Standard Motor Products Inc's operating return on assets (ROA) has exhibited fluctuations over the period from March 31, 2020, to December 31, 2024. The operating ROA ranged from a low of 5.32% in December 31, 2024, to a high of 12.69% in March 31, 2021.
Overall, the trend demonstrates some variability in operating ROA, with periods of increase followed by periods of decrease. It is essential for the company to closely monitor and manage its asset utilization and operating efficiency to sustain or improve its operating ROA over time. Further analysis and comparison with industry benchmarks could provide valuable insights into the company's operational performance and efficiency.
Peer comparison
Dec 31, 2024