Wabash National Corporation (WNC)
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 | -355,731 | -298,129 | 212,536 | 271,710 | 312,035 | 308,571 | 283,809 | 216,407 | 166,642 | 90,298 | 55,686 | 42,462 | 33,542 | 62,203 | 52,348 | 35,663 | -85,608 | -63,868 | -34,007 | 7,532 |
| Total assets | US$ in thousands | 1,411,530 | 1,455,340 | 1,339,310 | 1,378,530 | 1,362,810 | 1,389,340 | 1,385,040 | 1,309,150 | 1,203,520 | 1,269,320 | 1,290,300 | 1,266,860 | 1,107,070 | 1,171,340 | 1,180,500 | 1,226,350 | 1,161,470 | 1,196,080 | 1,142,260 | 1,225,410 |
| Operating ROA | -25.20% | -20.49% | 15.87% | 19.71% | 22.90% | 22.21% | 20.49% | 16.53% | 13.85% | 7.11% | 4.32% | 3.35% | 3.03% | 5.31% | 4.43% | 2.91% | -7.37% | -5.34% | -2.98% | 0.61% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-355,731K ÷ $1,411,530K
= -25.20%
The operating return on assets (Operating ROA) of Wabash National Corporation has shown fluctuations over the period covered by the data. Starting from a positive value of 0.61% on March 31, 2020, the company experienced a decline in performance, with negative operating ROA figures in subsequent quarters, hitting its lowest point of -25.20% on December 31, 2024.
However, there was a notable turnaround in the following quarters, with the operating ROA steadily improving and reaching a peak of 22.90% on December 31, 2023. This upward trend continued into the first quarter of 2024, where the operating ROA stood at 19.71%.
Overall, the more recent data points show a recovery in Wabash National Corporation's operational efficiency and asset utilization, as evidenced by the positive operating ROA values. The significant improvement in operating ROA from negative values to double-digit percentages highlights the company's efforts to enhance its operational performance and generate better returns from its assets in the latter part of the analyzed period.