Teleflex Incorporated (TFX)

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 301,066 493,917 482,276 499,704 478,673 482,866 471,151 462,335 450,897 519,302 634,322 628,197 628,095 568,109 459,226 369,416 423,068 454,920 440,449 509,097
Total assets US$ in thousands 7,097,910 7,486,290 7,441,640 7,477,920 7,532,550 7,493,630 6,895,720 6,917,920 6,928,060 6,758,090 6,731,850 6,873,310 6,871,720 7,039,960 7,066,390 7,028,020 7,152,560 6,613,290 6,765,130 6,701,560
Operating ROA 4.24% 6.60% 6.48% 6.68% 6.35% 6.44% 6.83% 6.68% 6.51% 7.68% 9.42% 9.14% 9.14% 8.07% 6.50% 5.26% 5.91% 6.88% 6.51% 7.60%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $301,066K ÷ $7,097,910K
= 4.24%

The operating return on assets (ROA) of Teleflex Incorporated has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The trend indicates a relatively stable performance with some variability in the percentages.

The operating ROA started at 7.60% on March 31, 2020, and experienced a slight decline to 5.91% by December 31, 2020. Subsequently, there was a fluctuating pattern with some increases and decreases in the following quarters. Notable points include an improvement to 9.14% by December 31, 2021, and again in the subsequent quarter. However, the operating ROA dropped to 4.24% by December 31, 2024, which was a significant decrease from the previous periods.

Overall, the operating ROA of Teleflex Incorporated exhibited a mix of ups and downs during the period under review, suggesting that the company's ability to generate operating profits from its assets fluctuated over time. It is important to further analyze the underlying factors contributing to these changes to assess the company's operational efficiency and profitability.