Simpson Manufacturing Company Inc (SSD)
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 | 429,988 | 424,691 | 440,050 | 452,885 | 475,150 | 482,334 | 464,936 | 452,991 | 459,065 | 477,390 | 455,194 | 423,846 | 367,792 | 310,188 | 300,912 | 271,396 | 252,363 | 249,516 | 219,140 | 200,581 |
| Total assets | US$ in thousands | 2,736,170 | 2,897,460 | 2,773,360 | 2,721,950 | 2,704,720 | 2,815,490 | 2,719,350 | 2,555,630 | 2,503,970 | 2,504,260 | 2,485,470 | 2,280,350 | 1,484,120 | 1,422,070 | 1,373,970 | 1,294,730 | 1,232,570 | 1,277,860 | 1,284,500 | 1,198,250 |
| Operating ROA | 15.71% | 14.66% | 15.87% | 16.64% | 17.57% | 17.13% | 17.10% | 17.73% | 18.33% | 19.06% | 18.31% | 18.59% | 24.78% | 21.81% | 21.90% | 20.96% | 20.47% | 19.53% | 17.06% | 16.74% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $429,988K ÷ $2,736,170K
= 15.71%
Simpson Manufacturing Company Inc's operating return on assets (operating ROA) has shown fluctuations over the analyzed period from March 31, 2020, to December 31, 2024. The operating ROA has generally been on an upward trend from March 2020 to December 2021, reaching its peak of 24.78% at the end of December 2021. This upward trend indicates that the company has been effectively utilizing its assets to generate operating profits during this period.
However, starting from March 31, 2022, there has been a slight decline in the operating ROA, with fluctuations observed up to December 31, 2024. The operating ROA decreased to 14.66% at the end of September 30, 2024, before recovering slightly to 15.71% by the end of December 2024.
The fluctuation in the operating ROA suggests that there may have been changes in the company's operating performance and asset efficiency during this period. It is essential for Simpson Manufacturing Company Inc to assess the factors influencing these changes and take any necessary actions to improve its operating profitability and asset utilization efficiency in the future.
Peer comparison
Dec 31, 2024