Trimble Inc (TRMB)
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 | 469,700 | 412,600 | 415,100 | 447,100 | 518,300 | 498,600 | 499,700 | 553,700 | 523,600 | 554,700 | 579,800 | 577,000 | 561,000 | 555,100 | 509,600 | 462,400 | 419,800 | 386,100 | 375,800 | 387,900 |
| Total assets | US$ in thousands | 9,488,300 | 9,866,700 | 9,597,800 | 9,321,200 | 9,539,300 | 9,330,700 | 9,556,300 | 8,012,900 | 7,269,000 | 7,077,700 | 6,919,500 | 7,177,400 | 7,099,600 | 7,003,400 | 6,962,200 | 6,780,500 | 6,876,900 | 6,624,300 | 6,645,000 | 6,705,700 |
| Operating ROA | 4.95% | 4.18% | 4.32% | 4.80% | 5.43% | 5.34% | 5.23% | 6.91% | 7.20% | 7.84% | 8.38% | 8.04% | 7.90% | 7.93% | 7.32% | 6.82% | 6.10% | 5.83% | 5.66% | 5.78% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $469,700K ÷ $9,488,300K
= 4.95%
The operating return on assets (ROA) for Trimble Inc has shown some fluctuations over the period analyzed. Starting at 5.78% in March 2020, the operating ROA gradually increased to 8.38% by June 30, 2022. This upward trend indicates an improvement in the company's ability to generate profits from its assets.
However, after reaching the peak in June 2022, the operating ROA started to decline, reaching a low of 4.18% as of September 30, 2024. This downward trend suggests a decrease in the company's efficiency in generating earnings from its assets during this period.
Overall, it is important for investors and stakeholders to monitor Trimble Inc's operating ROA closely to assess the company's operational efficiency and profitability in utilizing its assets effectively.
Peer comparison
Dec 31, 2024