Asbury Automotive Group Inc (ABG)

Return on assets (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
Net income (ttm)	US$ in thousands	430,300	357,000	399,900	568,200	602,500	900,200	936,000	941,000	997,300	784,600	726,600	677,300	532,400	481,000	430,200	327,700	254,400	208,900	157,700	163,000
Total assets	US$ in thousands	10,337,000	10,173,600	10,306,000	10,131,500	10,159,400	8,255,000	8,165,900	8,182,800	8,021,400	7,816,300	7,638,800	7,860,100	8,002,600	3,571,400	3,524,900	3,582,300	3,676,300	3,530,600	2,934,400	3,069,200
ROA		4.16%	3.51%	3.88%	5.61%	5.93%	10.90%	11.46%	11.50%	12.43%	10.04%	9.51%	8.62%	6.65%	13.47%	12.20%	9.15%	6.92%	5.92%	5.37%	5.31%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $430,300K ÷ $10,337,000K
= 4.16%

Asbury Automotive Group Inc's return on assets (ROA) has shown fluctuations over the past few years, ranging from a low of 3.51% on September 30, 2024, to a high of 13.47% on September 30, 2021. The ROA experienced a significant increase from the end of 2020 through the first half of 2022, reaching its peak at 13.47% in September 2021. However, there was a notable decline in ROA in the latter half of 2022, dropping to 3.88% by June 30, 2024.

Overall, the average ROA for Asbury Automotive Group Inc during this period was moderate, demonstrating the company's ability to generate profits relative to its total assets, though it is important to note the fluctuations in performance. It would be beneficial for stakeholders to monitor the company's asset management efficiency and profitability going forward to assess its overall financial health and performance.