TKO Group Holdings, Inc. (TKO)
Operating return on assets (Operating ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 282,902 | 446,663 | 544,387 | 391,137 | 314,128 |
Total assets | US$ in thousands | 12,699,900 | 12,690,700 | 3,580,730 | 4,296,180 | 1,318,890 |
Operating ROA | 2.23% | 3.52% | 15.20% | 9.10% | 23.82% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $282,902K ÷ $12,699,900K
= 2.23%
The operating return on assets (Operating ROA) of TKO Group Holdings, Inc. has exhibited fluctuations over the years based on the provided data.
- As of December 31, 2020, the Operating ROA stood at a robust 23.82%, indicating that for every dollar of assets, the company generated $0.2382 in operating income.
- By December 31, 2021, the Operating ROA decreased to 9.10%, suggesting a decline in operational efficiency and profitability compared to the previous year.
- However, there was an improvement in performance by December 31, 2022, with the Operating ROA rebounding to 15.20%, indicating enhanced asset utilization and profitability.
- The trend reversed by December 31, 2023, where the Operating ROA significantly dropped to 3.52%, signaling a considerable decrease in operational efficiency and profitability.
- The downward trend persisted into December 31, 2024, as the Operating ROA further declined to 2.23%, indicating ongoing challenges in generating operating income relative to the company's asset base.
Overall, the fluctuating Operating ROA figures suggest that TKO Group Holdings, Inc. experienced varying levels of operational performance and asset utilization efficiency over the years covered in the data provided.
Peer comparison
Dec 31, 2024