Xencor Inc (XNCR)
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 | -178,408 | -138,639 | -82,473 | 43,767 | -76,797 |
| Total assets | US$ in thousands | 951,945 | 952,692 | 846,266 | 838,211 | 703,244 |
| Operating ROA | -18.74% | -14.55% | -9.75% | 5.22% | -10.92% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $-178,408K ÷ $951,945K
= -18.74%
The operating return on assets (Operating ROA) of Xencor Inc has shown fluctuations over the years based on the provided data. In December 2020, the company had a negative Operating ROA of -10.92%, indicating that the company generated a negative return from its operating activities relative to its assets.
However, by December 2021, Xencor Inc improved its Operating ROA to 5.22%, signifying a positive return on its assets. This improvement suggests that the company became more efficient in generating operating profits relative to its asset base.
Unfortunately, the positive trend did not continue in the subsequent years. By December 2022, Xencor Inc's Operating ROA decreased to -9.75%, indicating a decline in operating profitability relative to its assets. The negative trend persisted with further declines in December 2023 (Operating ROA of -14.55%) and December 2024 (Operating ROA of -18.74%).
These declining Operating ROA figures may suggest potential operational inefficiencies or challenges faced by Xencor Inc in effectively utilizing its assets to generate profits from its core business activities. It would be prudent for stakeholders to closely monitor the company's operational performance and asset utilization to address and potentially reverse this negative trend in Operating ROA.
Peer comparison
Dec 31, 2024