Interface Inc (TILE)
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 | Jul 5, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 134,406 | 144,324 | 133,134 | 123,891 | 108,922 | 89,470 | 86,527 | 92,144 | 110,087 | 123,917 | 120,652 | 115,351 | 104,797 | 91,816 | 82,921 | 71,090 | 71,617 | -42,844 | -152,238 | -141,683 |
| Total assets | US$ in thousands | 1,170,820 | 1,243,260 | 1,216,120 | 1,193,490 | 1,230,100 | 1,201,640 | 1,219,950 | 1,253,200 | 1,266,500 | 1,240,630 | 1,313,450 | 1,309,780 | 1,330,060 | 1,289,240 | 1,322,210 | 1,295,330 | 1,306,010 | 1,305,780 | 1,300,970 | 1,300,970 |
| Operating ROA | 11.48% | 11.61% | 10.95% | 10.38% | 8.85% | 7.45% | 7.09% | 7.35% | 8.69% | 9.99% | 9.19% | 8.81% | 7.88% | 7.12% | 6.27% | 5.49% | 5.48% | -3.28% | -11.70% | -10.89% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $134,406K ÷ $1,170,820K
= 11.48%
Interface Inc's operating return on assets (operating ROA) has shown a fluctuating trend over the past few years, as per the provided data. The company experienced negative operating ROA figures in mid-2020, with percentages ranging from -10.89% to -11.70%. However, starting from the end of 2020, Interface Inc's operating ROA turned positive and has been on an upward trajectory since then.
From December 2020 to December 2024, the operating ROA steadily increased from 5.48% to 11.48%. Notably, there was a significant improvement in the operating ROA in 2023 and 2024, with percentages reaching as high as 11.61%. This indicates that Interface Inc has been able to generate a higher level of operating income relative to its total assets, signaling improved operational efficiency and profitability.
Overall, the trend in Interface Inc's operating ROA suggests that the company has managed to enhance its operational performance and effectiveness in utilizing its assets to generate profits. Continued monitoring of this ratio will be important to assess the company's sustainability and efficiency in the future.
Peer comparison
Dec 31, 2024