USANA Health Sciences Inc (USNA)
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 | 66,324 | 93,071 | 107,614 | 170,192 | 176,491 |
| Total assets | US$ in thousands | 748,193 | 632,757 | 596,549 | 577,740 | 640,887 |
| Operating ROA | 8.86% | 14.71% | 18.04% | 29.46% | 27.54% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $66,324K ÷ $748,193K
= 8.86%
The operating return on assets (operating ROA) for USANA Health Sciences Inc has shown a decreasing trend over the years from 2020 to 2024. In 2020, the operating ROA was 27.54%, which increased to 29.46% in 2021. However, there was a significant decline in 2022 to 18.04%, followed by a further decrease to 14.71% in 2023, and a notable drop to 8.86% in 2024.
This declining trend in operating ROA indicates that the company may be facing challenges in generating operating income relative to its total assets. It suggests that USANA Health Sciences Inc may need to optimize its asset utilization and operational efficiency to improve its profitability in the future. Further analysis of the company's operational performance and asset management strategies would be beneficial to address this decline in operating ROA.