Upbound Group Inc. (UPBD)
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 | 291,631 | 268,371 | 256,364 | 259,740 | 162,865 | 149,308 | 128,333 | 102,383 | 148,539 | 143,029 | 173,098 | 221,536 | 280,539 | 298,350 | 311,391 | 258,507 | 237,336 | 250,531 | 209,191 | 285,385 |
| Total assets | US$ in thousands | 2,649,660 | 2,578,490 | 2,620,280 | 2,626,980 | 2,721,430 | 2,626,080 | 2,585,920 | 2,741,120 | 2,763,620 | 2,768,600 | 2,767,130 | 2,777,120 | 2,993,330 | 3,053,670 | 3,035,300 | 3,006,960 | 1,750,980 | 1,667,560 | 1,576,630 | 1,607,060 |
| Operating ROA | 11.01% | 10.41% | 9.78% | 9.89% | 5.98% | 5.69% | 4.96% | 3.74% | 5.37% | 5.17% | 6.26% | 7.98% | 9.37% | 9.77% | 10.26% | 8.60% | 13.55% | 15.02% | 13.27% | 17.76% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $291,631K ÷ $2,649,660K
= 11.01%
Operating return on assets (Operating ROA) indicates the efficiency with which Upbound Group Inc. generates profits from its operating activities relative to its total assets. From March 31, 2020, to December 31, 2024, Upbound Group Inc.'s Operating ROA fluctuated.
The trend of Operating ROA shows a gradual decline from 17.76% in March 2020 to 11.01% in December 2024, indicating a decreasing ability to generate profits from its operating assets over this period. The peak Operating ROA of 17.76% in March 2020 was followed by a general downward trend, with some minor fluctuations observed in certain quarters.
The decrease in Operating ROA could suggest challenges in managing operating expenses, declining operating income, or inefficient asset utilization. The drop in Operating ROA may raise concerns about the company's operational efficiency and profitability. It is important for Upbound Group Inc. to analyze the factors contributing to this decline and strategize to improve its operational performance to enhance its profitability in the future.
Peer comparison
Dec 31, 2024