Zebra Technologies Corporation (ZBRA)

Operating return on assets (Operating ROA)

Dec 31, 2024 Sep 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 Dec 31, 2019
Operating income (ttm) US$ in thousands 649,000 412,000 415,000 481,000 667,000 881,000 542,000 529,000 492,000 527,000 919,000 979,000 987,000 900,000 772,000 651,000 608,000 643,000 684,000 692,000
Total assets US$ in thousands 7,968,000 7,690,000 7,259,000 7,306,000 7,331,000 7,456,000 7,474,000 7,529,000 7,448,000 7,385,000 6,129,000 6,215,000 5,865,000 5,593,000 5,411,000 5,375,000 5,245,000 4,607,000 4,540,000 4,711,000
Operating ROA 8.15% 5.36% 5.72% 6.58% 9.10% 11.82% 7.25% 7.03% 6.61% 7.14% 14.99% 15.75% 16.83% 16.09% 14.27% 12.11% 11.59% 13.96% 15.07% 14.69%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $649,000K ÷ $7,968,000K
= 8.15%

Operating return on assets (Operating ROA) is a key financial ratio that indicates how efficiently a company generates profits from its assets used in its operations. For Zebra Technologies Corporation, the Operating ROA has fluctuated over the years based on the provided data.

From December 31, 2019, to June 30, 2021, the trend for Operating ROA shows an improvement, reaching its peak at 16.83% on September 30, 2021. This indicates that the company was effectively utilizing its assets to generate operating profits during this period.

However, starting from June 30, 2021, the Operating ROA began to decline gradually, hitting its lowest point at 5.72% on March 31, 2024. This downward trend suggests potential inefficiencies in asset utilization or declining profitability compared to previous periods.

The Operating ROA showed a slight improvement to 8.15% on December 31, 2024, indicating a possible turnaround in asset efficiency and profitability. Overall, analyzing the Operating ROA trend provides insights into Zebra Technologies Corporation's ability to generate operating profits in relation to its assets and highlights the company's performance in utilizing resources effectively.