Xpel Inc (XPEL)
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 | 59,147 | 61,026 | 60,268 | 61,273 | 66,975 | 63,596 | 63,274 | 58,832 | 53,937 | 51,621 | 44,681 | 41,604 | 40,115 | 38,918 | 36,965 | 29,433 | 23,370 | 21,012 | 18,267 | 17,098 |
| Total assets | US$ in thousands | 285,607 | 273,041 | 261,830 | 258,492 | 258,677 | 226,776 | 216,661 | 207,667 | 193,362 | 188,258 | 189,056 | 188,261 | 161,015 | 124,403 | 105,373 | 95,339 | 83,840 | 76,197 | 68,173 | 61,691 |
| Operating ROA | 20.71% | 22.35% | 23.02% | 23.70% | 25.89% | 28.04% | 29.20% | 28.33% | 27.89% | 27.42% | 23.63% | 22.10% | 24.91% | 31.28% | 35.08% | 30.87% | 27.87% | 27.58% | 26.80% | 27.72% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $59,147K ÷ $285,607K
= 20.71%
The operating return on assets (operating ROA) of Xpel Inc has shown fluctuations over the periods under review. It started at a relatively high level of 27.72% as of March 31, 2020, and fluctuated between 26% and 35% until June 30, 2021. During this period, the operating ROA exhibited strong performance, peaking at 35.08% on June 30, 2021.
However, from September 30, 2021, the operating ROA began to decline, falling to 20.71% by December 31, 2024. This downward trend suggests a decrease in the company's ability to generate profits from its assets through its core operations.
Overall, the operating ROA of Xpel Inc has experienced both peaks and troughs, indicating variability in the company's operational efficiency and profitability over the periods considered. It is essential for stakeholders to closely monitor these trends to understand the company's performance and make informed decisions.