Dentsply Sirona Inc (XRAY)
Operating return on assets (Operating ROA)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -504,000 | -93,000 | -1,075,000 | -1,036,000 | -937,000 | -830,000 | 520,000 | 555,000 | 608,000 | 577,000 | 517,000 | 264,000 | -11,000 | -15,400 | 22,100 | 188,600 | 360,900 | 306,100 | 242,100 | -979,500 |
| Total assets | US$ in thousands | 7,370,000 | 7,201,000 | 7,650,000 | 7,673,000 | 7,643,000 | 7,522,000 | 8,948,000 | 9,172,000 | 9,239,000 | 9,306,000 | 9,378,000 | 9,137,000 | 9,342,000 | 8,895,900 | 8,604,200 | 8,058,400 | 8,603,000 | 8,366,800 | 8,575,300 | 8,604,500 |
| Operating ROA | -6.84% | -1.29% | -14.05% | -13.50% | -12.26% | -11.03% | 5.81% | 6.05% | 6.58% | 6.20% | 5.51% | 2.89% | -0.12% | -0.17% | 0.26% | 2.34% | 4.20% | 3.66% | 2.82% | -11.38% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-504,000K ÷ $7,370,000K
= -6.84%
The operating return on assets (ROA) for DENTSPLY Sirona Inc has shown a fluctuating trend over the past 8 quarters. In Q4 2022, the operating ROA was at its highest point at 6.19%. However, there has been a gradual decline in the operating ROA since then, with Q3 2022 and Q2 2023 showing a decrease to 5.97% and 3.19% respectively. Q4 2023 saw a slight increase in the operating ROA to 3.87% compared to the previous quarter.
Overall, the operating ROA for DENTSPLY Sirona Inc has experienced volatility over the period analyzed, which may indicate changes in the company's operating efficiency and profitability. Further investigation into the factors impacting the operating ROA would be necessary to fully assess the company's financial performance.
Peer comparison
Dec 31, 2023