Vishay Intertechnology Inc (VSH)
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 | 5,627 | 140,142 | 273,548 | 370,247 | 486,144 | 498,314 | 566,286 | 582,493 | 570,178 | 601,823 | 542,242 | 516,791 | 467,802 | 406,169 | 344,138 | 259,566 | 209,710 | 173,876 | 163,414 | 202,103 |
| Total assets | US$ in thousands | 4,110,700 | 4,220,360 | 4,152,700 | 4,264,060 | 4,239,920 | 4,241,210 | 4,187,460 | 4,062,670 | 3,865,650 | 3,620,550 | 3,563,590 | 3,580,170 | 3,543,260 | 3,424,280 | 3,350,780 | 3,210,560 | 3,154,470 | 3,033,830 | 3,024,850 | 3,116,500 |
| Operating ROA | 0.14% | 3.32% | 6.59% | 8.68% | 11.47% | 11.75% | 13.52% | 14.34% | 14.75% | 16.62% | 15.22% | 14.43% | 13.20% | 11.86% | 10.27% | 8.08% | 6.65% | 5.73% | 5.40% | 6.48% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $5,627K ÷ $4,110,700K
= 0.14%
Vishay Intertechnology Inc's operating return on assets (operating ROA) showed a fluctuating trend over the period from March 31, 2020, to December 31, 2024. The operating ROA started at 6.48% in March 2020 and generally increased until reaching a peak of 16.62% in September 2022. This upward trend indicates that the company was generating more operating income relative to its assets during this period.
However, after September 2022, the operating ROA declined, dropping to 6.59% by June 30, 2024, and significantly decreasing to 0.14% by December 31, 2024. This decline suggests that the company's operating income generated from its assets decreased, which could be a concerning sign for investors and stakeholders.
Overall, Vishay Intertechnology Inc experienced fluctuations in its operating ROA, with periods of growth and decline. It is important for the company to assess the factors contributing to the decline in operating ROA and take appropriate measures to improve its operational efficiency and profitability in the future.
Peer comparison
Dec 31, 2024