Arcosa Inc (ACA)
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 | 93,700 | 128,500 | 147,400 | 142,700 | 159,200 | 286,700 | 283,200 | 281,300 | 245,800 | 100,400 | 92,100 | 73,900 | 69,600 | 70,900 | 78,400 | 90,900 | 106,600 | 117,200 | 118,700 | 117,200 |
Total assets | US$ in thousands | 4,915,500 | 4,356,900 | 3,807,900 | 3,668,100 | 3,577,900 | 3,489,600 | 3,495,600 | 3,417,100 | 3,340,600 | 3,380,600 | 3,337,300 | 3,256,800 | 3,188,100 | 3,301,200 | 3,090,200 | 2,666,000 | 2,646,700 | 2,635,000 | 2,560,200 | 2,621,600 |
ROA | 1.91% | 2.95% | 3.87% | 3.89% | 4.45% | 8.22% | 8.10% | 8.23% | 7.36% | 2.97% | 2.76% | 2.27% | 2.18% | 2.15% | 2.54% | 3.41% | 4.03% | 4.45% | 4.64% | 4.47% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $93,700K ÷ $4,915,500K
= 1.91%
Based on the data provided, Arcosa Inc's return on assets (ROA) has shown fluctuations over the quarters from March 31, 2020, to December 31, 2024.
Arcosa's ROA started at 4.47% in March 31, 2020, and gradually increased to 4.64% by June 30, 2020. However, there was a slight decline to 4.45% by September 30, 2020, followed by a more significant drop to 4.03% by December 31, 2020.
Subsequently, Arcosa's ROA experienced a notable decrease to 3.41% by March 31, 2021, and further dropped to 2.54% by June 30, 2021. The downward trend continued with ROA hitting its lowest point of 1.91% by December 31, 2024.
There was a recovery in Arcosa's ROA performance from December 31, 2024, with an increase to 2.95% by September 30, 2024. However, the ROA remained below the historical averages observed prior to 2024.
The significant spike in ROA to 8.23% by March 31, 2023, and a subsequent high of 8.22% by September 30, 2023, may indicate temporary improvements in asset management efficiency during those periods.
Overall, Arcosa Inc's ROA performance has been volatile, showing fluctuations and an overall declining trend in recent quarters, which may indicate varying levels of profitability generated from the company's assets over the specified time frame.
Peer comparison
Dec 31, 2024