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.
Peer comparison
Dec 31, 2024