Sensata Technologies Holding NV (ST)

Operating return on assets (Operating ROA)

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Operating income (ttm)	US$ in thousands	181,676	535,480	672,121	693,051	670,139	667,466	575,904	601,716	633,240	637,709	603,215	436,592	337,737	304,294	323,581	472,888	556,885	598,529	674,716	705,337
Total assets	US$ in thousands	7,680,990	8,388,340	8,392,600	8,584,850	8,756,220	8,712,620	8,606,680	8,611,390	8,613,770	8,504,760	8,418,360	7,945,190	7,844,200	7,559,490	7,084,880	6,812,820	6,834,520	6,843,570	6,852,120	6,793,510
Operating ROA		2.37%	6.38%	8.01%	8.07%	7.65%	7.66%	6.69%	6.99%	7.35%	7.50%	7.17%	5.50%	4.31%	4.03%	4.57%	6.94%	8.15%	8.75%	9.85%	10.38%

December 31, 2023 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $181,676K ÷ $7,680,990K
= 2.37%

Sensata Technologies Holding Plc has shown consistent performance in terms of operating return on assets (operating ROA) over the past eight quarters. The operating ROA ranged from 6.79% to 7.27% during this period.

In the most recent quarter, Q4 2023, the operating ROA was 7.26%, which was slightly higher compared to the previous quarter. This indicates that the company was able to generate a higher operating profit relative to its total assets in the last quarter.

Overall, Sensata Technologies Holding Plc has maintained a relatively stable and healthy operating ROA, showcasing efficient utilization of its assets to generate operating profits. This consistent performance in operating ROA reflects positively on the company's operational efficiency and effectiveness in generating returns for its stakeholders.