Waters Corporation (WAT)
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 | 826,353 | 817,676 | 873,395 | 821,707 | 645,489 |
| Total assets | US$ in thousands | 4,553,800 | 4,626,850 | 3,281,450 | 3,094,930 | 2,839,920 |
| Operating ROA | 18.15% | 17.67% | 26.62% | 26.55% | 22.73% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $826,353K ÷ $4,553,800K
= 18.15%
Waters Corporation's operating return on assets (ROA) has shown a generally positive trend over the years, increasing from 22.73% in December 2020 to 26.55% in December 2021, and further to 26.62% in December 2022. However, there was a notable decrease in operating ROA in December 2023 to 17.67%, followed by a slight recovery to 18.15% in December 2024.
This fluctuation in operating ROA may indicate varying levels of operational efficiency and profitability during these periods. It is essential for Waters Corporation to closely monitor and analyze the factors influencing these changes to optimize asset utilization and improve overall financial performance.
Peer comparison
Dec 31, 2024