UFP Technologies Inc (UFPT)

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	80,897	71,375	61,656	60,747	57,664	55,803	66,723	61,880	55,399	49,158	28,270	22,278	21,218	21,521	20,169	16,956	16,731	18,540	20,953	24,531
Total assets	US$ in thousands	628,995	638,508	422,396	407,679	404,136	399,810	397,992	390,782	378,192	388,319	395,051	363,346	334,132	220,686	217,286	209,180	203,204	200,664	197,219	194,213
Operating ROA		12.86%	11.18%	14.60%	14.90%	14.27%	13.96%	16.76%	15.83%	14.65%	12.66%	7.16%	6.13%	6.35%	9.75%	9.28%	8.11%	8.23%	9.24%	10.62%	12.63%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $80,897K ÷ $628,995K
= 12.86%

UFP Technologies Inc's operating return on assets (operating ROA) has fluctuated over the period under review. The trend shows a general decline from March 31, 2020, where the operating ROA was 12.63%, to December 31, 2021, where it dropped to 6.35%. Subsequently, there was an uptick in performance, with the operating ROA improving to 16.76% by June 30, 2023.

However, the operating ROA decreased in the following periods, reaching 11.18% by September 30, 2024, before increasing to 12.86% by December 31, 2024. The recent trend indicates some variability in the company's operating efficiency in generating profits from its assets.

Overall, the company has experienced fluctuations in its operating ROA, demonstrating the importance of closely monitoring and analyzing performance indicators to assess the efficiency of UFP Technologies Inc in utilizing its assets to generate operating income.