Verra Mobility Corp (VRRM)

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	188,814	207,525	193,850	182,800	164,705	159,400	155,776	142,121	111,866	85,216	58,610	20,154	37,816	51,925	73,316	97,902	96,455	54,151	43,687	37,835
Total assets	US$ in thousands	1,789,980	1,756,080	1,906,160	1,710,890	1,756,270	1,718,330	1,779,860	1,824,480	1,837,060	1,481,920	1,559,190	1,497,210	1,367,320	1,371,970	1,355,120	1,374,130	1,407,430	1,375,860	1,346,450	1,365,610
Operating ROA		10.55%	11.82%	10.17%	10.68%	9.38%	9.28%	8.75%	7.79%	6.09%	5.75%	3.76%	1.35%	2.77%	3.78%	5.41%	7.12%	6.85%	3.94%	3.24%	2.77%

December 31, 2023 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $188,814K ÷ $1,789,980K
= 10.55%

Verra Mobility Corp's operating return on assets (operating ROA) has shown a generally positive trend over the past eight quarters, indicating efficient utilization of its assets to generate operating profits. The operating ROA has been fluctuating within a range of 7.79% to 11.82%.

During the most recent quarter, Q4 2023, the operating ROA stood at 10.55%, which is slightly lower compared to the previous quarter but still relatively strong. This suggests that the company continues to effectively generate operating income relative to its total assets.

Looking back further, there has been a gradual improvement in operating ROA from Q1 2022 to Q3 2022, indicating a positive trend in the company's operational efficiency. The increase in operating ROA over this period reflects management's ability to enhance operational performance and generate higher returns from the assets employed.

Overall, Verra Mobility Corp's operating ROA performance indicates that the company has been successful in efficiently utilizing its assets to generate operating income. It is essential for the company to sustain or improve this trend to ensure long-term profitability and financial sustainability.