Werner Enterprises Inc (WERN)
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 | 66,148 | 90,726 | 111,031 | 138,618 | 176,416 | 153,678 | 121,957 | 149,682 | 112,780 | 196,074 | 261,219 | 263,159 | 309,146 | 292,109 | 282,888 | 258,843 | 227,438 | 211,641 | 202,895 | 208,519 |
Total assets | US$ in thousands | 3,052,240 | 3,121,720 | 3,093,570 | 3,078,830 | 3,157,940 | 3,194,460 | 3,105,190 | 3,116,320 | 3,097,260 | 2,859,130 | 2,848,590 | 2,649,030 | 2,589,920 | 2,479,140 | 2,382,870 | 2,229,530 | 2,156,680 | 2,140,140 | 2,079,710 | 2,088,900 |
Operating ROA | 2.17% | 2.91% | 3.59% | 4.50% | 5.59% | 4.81% | 3.93% | 4.80% | 3.64% | 6.86% | 9.17% | 9.93% | 11.94% | 11.78% | 11.87% | 11.61% | 10.55% | 9.89% | 9.76% | 9.98% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $66,148K ÷ $3,052,240K
= 2.17%
Werner Enterprises Inc's operating return on assets (operating ROA) has shown fluctuating trends over the analyzed periods. The metric ranged from a high of 11.94% in December 31, 2021, to a low of 2.17% in December 31, 2024.
In the initial periods, the operating ROA demonstrated a generally increasing pattern, reaching its peak in December 31, 2021. This indicates the company's ability to generate operating income relative to its total assets was improving during this time.
However, a noticeable decline in operating ROA was observed from March 31, 2022, to December 31, 2024, reflecting a decreasing trend in the company's efficiency in generating operating income from its assets. This decline could potentially be a cause for concern as it suggests decreasing profitability relative to the assets employed.
Overall, it is essential for Werner Enterprises Inc to closely monitor its operating ROA in order to assess its operational efficiency and profitability in utilizing its assets effectively. Identifying the factors contributing to the fluctuations in operating ROA would be crucial for the company to address any potential inefficiencies and optimize its asset utilization for sustainable financial performance.
Peer comparison
Dec 31, 2024