US Physicalrapy Inc (USPH)
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 | 63,213 | 52,061 | 56,801 | 70,649 | 52,413 |
| Total assets | US$ in thousands | 1,167,470 | 997,238 | 858,154 | 749,426 | 594,361 |
| Operating ROA | 5.41% | 5.22% | 6.62% | 9.43% | 8.82% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $63,213K ÷ $1,167,470K
= 5.41%
Based on the data provided for US Physicalrapy Inc's operating return on assets (Operating ROA) over the years, we observe the following trends:
1. US Physicalrapy Inc's Operating ROA has fluctuated over the years, starting at 8.82% on December 31, 2020, increasing to 9.43% by December 31, 2021, but then decreasing to 6.62% by December 31, 2022. This indicates some variability in the company's efficiency in generating operating income relative to its assets.
2. The trend continues with a further decline in Operating ROA to 5.22% by December 31, 2023. This suggests a potential decrease in the company's ability to generate income from its core operations compared to its asset base.
3. However, there is a slight improvement in Operating ROA to 5.41% by December 31, 2024. While this uptick may indicate some recovery in efficiency, the overall trend highlights a need for US Physicalrapy Inc to focus on optimizing its asset utilization to enhance profitability in the long term.
In conclusion, US Physicalrapy Inc's Operating ROA shows fluctuations over the years, signaling the importance of closely monitoring and managing the company's operating efficiency and asset utilization to drive improved financial performance.
Peer comparison
Dec 31, 2024