SPS Commerce Inc (SPSC)
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 | 88,883 | 77,248 | 71,182 | 55,085 | 50,158 |
| Total assets | US$ in thousands | 1,031,230 | 823,844 | 672,914 | 615,846 | 526,458 |
| Operating ROA | 8.62% | 9.38% | 10.58% | 8.94% | 9.53% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $88,883K ÷ $1,031,230K
= 8.62%
The operating return on assets (operating ROA) for SPS Commerce Inc has shown some fluctuations over the past five years. In December 2020, the operating ROA was 9.53%, which decreased to 8.94% by December 2021. However, there was an improvement in December 2022, with the operating ROA increasing to 10.58%. Subsequently, in December 2023, the operating ROA decreased slightly to 9.38%, followed by another decline to 8.62% by December 2024.
Overall, the operating ROA of SPS Commerce Inc has displayed some variability, indicating possible changes in the company's operational efficiency and asset utilization over the years. It would be beneficial for stakeholders to further analyze the factors influencing these fluctuations to gain a deeper understanding of the company's performance.
Peer comparison
Dec 31, 2024