SPS Commerce Inc (SPSC)

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 88,883 87,024 82,052 75,920 77,247 73,376 72,467 71,402 71,182 67,541 61,372 58,933 55,085 53,269 53,702 51,284 50,158 47,365 44,344 42,563
Total assets US$ in thousands 1,031,230 1,003,300 854,521 839,847 823,844 787,408 735,538 696,927 672,914 637,090 622,776 613,308 615,846 591,283 572,278 549,837 526,458 487,686 461,663 439,819
Operating ROA 8.62% 8.67% 9.60% 9.04% 9.38% 9.32% 9.85% 10.25% 10.58% 10.60% 9.85% 9.61% 8.94% 9.01% 9.38% 9.33% 9.53% 9.71% 9.61% 9.68%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $88,883K ÷ $1,031,230K
= 8.62%

SPS Commerce Inc's operating return on assets (operating ROA) has shown some fluctuations over the analyzed period. It started at 9.68% as of March 31, 2020, and generally remained within a range between 8.94% and 10.60% until December 31, 2022, showing moderate stability. However, in the following quarters, there was increased variability with values between 8.62% and 10.25%, indicating some fluctuation in the efficiency of generating operating profits from its assets. It is essential for SPS Commerce Inc to closely monitor and manage its operating ROA to ensure optimal utilization of its assets for generating profits.