Arcosa Inc (ACA)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 93,700 | 159,200 | 245,800 | 69,600 | 106,600 |
| Total assets | US$ in thousands | 4,915,500 | 3,577,900 | 3,340,600 | 3,188,100 | 2,646,700 |
| ROA | 1.91% | 4.45% | 7.36% | 2.18% | 4.03% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $93,700K ÷ $4,915,500K
= 1.91%
Based on the provided data, Arcosa Inc's Return on Assets (ROA) has shown fluctuating trends over the past five years.
As of December 31, 2020, the company's ROA stood at 4.03%, indicating that it generated $4.03 in net income for every $100 of assets it possessed. However, this figure decreased to 2.18% by the end of December 31, 2021, suggesting a decline in the firm's efficiency in generating profits from its assets.
By December 31, 2022, Arcosa Inc experienced a notable improvement in its ROA, reaching 7.36%, signifying a better utilization of its assets to generate earnings. This spike in performance was followed by a slight decrease in ROA to 4.45% by December 31, 2023.
The most recent data available, as of December 31, 2024, shows a further decline in Arcosa Inc's ROA to 1.91%, indicating a drop in the company's ability to generate profits relative to its asset base.
Overall, the trend in Arcosa Inc's ROA over the past five years demonstrates fluctuations in the company's efficiency in utilizing its assets to generate profits. It is advisable for stakeholders to closely monitor this metric to assess the company's performance and management of its asset base effectively.
Peer comparison
Dec 31, 2024