Triumph Group Inc (TGI)
Operating return on assets (Operating ROA)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 108,825 | 120,164 | 124,086 | 221,974 | 226,684 | 209,330 | 213,894 | 98,179 | 104,277 | 19,268 | -43,898 | -52,927 | -326,151 | -320,241 | -283,611 | -229,996 | 57,907 | -90,988 | -109,582 | -172,620 |
| Total assets | US$ in thousands | 1,686,270 | 1,676,580 | 1,673,130 | 1,649,860 | 1,714,840 | 1,597,290 | 1,568,270 | 1,667,460 | 1,761,170 | 1,752,540 | 1,800,720 | 1,883,490 | 2,450,940 | 2,401,920 | 2,533,420 | 2,266,320 | 2,980,330 | 2,625,390 | 2,761,800 | 2,823,270 |
| Operating ROA | 6.45% | 7.17% | 7.42% | 13.45% | 13.22% | 13.11% | 13.64% | 5.89% | 5.92% | 1.10% | -2.44% | -2.81% | -13.31% | -13.33% | -11.19% | -10.15% | 1.94% | -3.47% | -3.97% | -6.11% |
March 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $108,825K ÷ $1,686,270K
= 6.45%
Operating ROA is a key financial metric that indicates how efficiently a company is generating profits from its assets used in its core operations. Triumph Group Inc's operating ROA has fluctuated over the past several quarters, ranging from a low of -13.33% in March 2021 to a high of 13.64% in September 2022.
The trend in operating ROA shows inconsistency in the company's ability to generate operating profits relative to its asset base. The significant variations in the operating ROA figures suggest potential challenges in managing operating expenses, optimizing asset utilization, or generating sustainable revenue streams.
The positive operating ROA figures in some quarters indicate that Triumph Group Inc has been able to effectively utilize its assets to generate profits from its core operations. However, the negative operating ROA figures highlight periods of inefficiency or challenges faced by the company in generating profits from its operating activities.
Overall, a closer examination of the factors influencing Triumph Group Inc's operating ROA over time, such as changes in operational efficiency, asset utilization, revenue growth, and cost management, would be necessary to provide a more precise assessment of the company's operational performance.
Peer comparison
Mar 31, 2024