Ufp Industries Inc (UFPI)
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 | 492,992 | 537,530 | 584,936 | 618,845 | 646,534 | 691,086 | 759,603 | 855,020 | 952,337 | 978,795 | 911,071 | 859,092 | 737,554 | 630,781 | 569,257 | 424,681 | 345,826 | 309,348 | 273,214 | 255,092 |
| Total assets | US$ in thousands | 4,150,940 | 4,217,880 | 4,138,490 | 4,078,640 | 4,017,800 | 4,020,130 | 3,843,940 | 3,696,790 | 3,672,070 | 3,738,550 | 3,610,820 | 3,673,970 | 3,245,270 | 3,010,250 | 3,226,280 | 2,790,220 | 2,404,890 | 2,350,620 | 2,058,610 | 1,882,980 |
| Operating ROA | 11.88% | 12.74% | 14.13% | 15.17% | 16.09% | 17.19% | 19.76% | 23.13% | 25.93% | 26.18% | 25.23% | 23.38% | 22.73% | 20.95% | 17.64% | 15.22% | 14.38% | 13.16% | 13.27% | 13.55% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $492,992K ÷ $4,150,940K
= 11.88%
Operating ROA measures how efficiently a company generates operating income from its assets.
Based on the provided data, Ufp Industries Inc's operating ROA has shown a generally upward trend from March 31, 2020, to June 30, 2022, reaching a peak of 26.18% on September 30, 2022. This indicates that the company was effectively utilizing its assets to generate operating income during this period.
However, from December 31, 2022, to December 31, 2024, there was a declining trend in the operating ROA, dropping to 11.88% by the end of 2024. This could signify potential challenges in maintaining or improving the efficiency of operations in generating income relative to the assets employed.
Overall, Ufp Industries Inc's operating ROA has shown fluctuations over the years, with periods of improvement followed by declines. It would be essential for the company to evaluate the reasons behind these fluctuations and take necessary steps to enhance operational efficiency and optimize asset utilization to sustain or improve its operating ROA in the future.