ACI Worldwide Inc (ACIW)
Return on assets (ROA)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 121,509 | 142,177 | 127,791 | 72,660 | 67,062 |
| Total assets | US$ in thousands | 3,444,740 | 3,209,900 | 3,158,740 | 3,386,900 | 3,257,530 |
| ROA | 3.53% | 4.43% | 4.05% | 2.15% | 2.06% |
December 31, 2023 calculation
ROA = Net income ÷ Total assets
= $121,509K ÷ $3,444,740K
= 3.53%
ACI Worldwide Inc's return on assets (ROA) has fluctuated over the past five years, ranging from 2.06% in 2019 to 4.43% in 2022. The company's ROA was 3.53% at the end of 2023, which indicates that for every dollar of assets, the company generated a return of 3.53 cents.
The ROA of ACI Worldwide Inc has generally been positive, indicating that the company has been generating profits from its assets. The increase in ROA from 2020 to 2022 suggests that the company improved its efficiency in utilizing its assets to generate earnings. However, the slight decrease in ROA in 2023 may indicate a potential decline in profitability relative to its asset base, which could warrant further investigation into the company's operational performance and asset management strategies. Overall, ACI Worldwide Inc's ROA performance should be assessed in conjunction with other financial metrics to gain a comprehensive understanding of its financial health and performance.
Peer comparison
Dec 31, 2023