Wabash National Corporation (WNC)
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 | -356,104 | 311,949 | 166,642 | 51,987 | 20,541 |
| Total assets | US$ in thousands | 1,411,530 | 1,362,810 | 1,203,520 | 1,107,070 | 1,161,470 |
| Operating ROA | -25.23% | 22.89% | 13.85% | 4.70% | 1.77% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $-356,104K ÷ $1,411,530K
= -25.23%
Wabash National Corporation's operating return on assets (operating ROA) has shown significant fluctuations over the years. As of December 31, 2020, the operating ROA stood at 1.77%, indicating a relatively low operational efficiency in generating profits from its assets.
However, there was a notable improvement in performance by December 31, 2021, with operating ROA increasing to 4.70%, suggesting a better utilization of assets to generate operating income. This positive trend continued as of December 31, 2022, where the operating ROA further rose to 13.85%, indicating a significant enhancement in operational efficiency and profitability.
By December 31, 2023, the operating ROA surged to 22.89%, reflecting a substantial boost in the company's ability to generate profits from its operational activities in relation to its total assets.
However, there was a sudden downturn by December 31, 2024, with the operating ROA plummeting to -25.23%, indicating that the company experienced a net operating loss in that period, possibly due to operational inefficiencies or other unfavorable circumstances.
Overall, the fluctuating nature of Wabash National Corporation's operating ROA highlights the company's varying performance in efficiently utilizing its assets to generate operating profits over the years, indicating the need for continuous monitoring and strategic decision-making to sustain and enhance profitability.