Vicor Corporation (VICR)
Operating return on assets (Operating ROA)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 51,358 | 52,128 | 39,428 | 32,863 | 27,201 | 27,983 | 36,951 | 45,662 | 55,602 | 58,306 | 52,437 | 34,461 | 17,368 | 6,658 | 6,607 | 6,955 | 13,821 | 19,940 | 26,931 | 32,866 |
| Total assets | US$ in thousands | 594,887 | 584,135 | 560,661 | 544,255 | 536,901 | 527,102 | 513,356 | 489,349 | 477,205 | 458,830 | 446,376 | 417,621 | 396,239 | 380,119 | 372,734 | 246,725 | 240,727 | 237,910 | 230,603 | 225,004 |
| Operating ROA | 8.63% | 8.92% | 7.03% | 6.04% | 5.07% | 5.31% | 7.20% | 9.33% | 11.65% | 12.71% | 11.75% | 8.25% | 4.38% | 1.75% | 1.77% | 2.82% | 5.74% | 8.38% | 11.68% | 14.61% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $51,358K ÷ $594,887K
= 8.63%
To analyze Vicor Corp.'s operating return on assets (operating ROA) based on the provided quarterly data, we observe a fluctuating trend over the eight quarters presented. The operating ROA ranged from a low of 6.28% in Q4 2022 to a high of 9.33% in Q1 2022.
The company experienced a consistent improvement in operating ROA from Q4 2022 to Q1 2023, reaching its peak at 9.33% in the first quarter of 2022. However, this positive trend reversed in subsequent quarters, with a gradual decline in operating ROA until Q4 2023, where it stood at 8.63%.
The overall performance of Vicor Corp. in terms of operating ROA indicates that the company's ability to generate profit from its operating assets varied throughout the given period. The fluctuating nature of operating ROA suggests potential changes in the efficiency and profitability of the company's operations over time, which may need further investigation to determine underlying causes and implications for future performance.
Peer comparison
Dec 31, 2023