ADEIA CORP (ADEA)

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
Net income (ttm) US$ in thousands 64,623 41,295 46,213 39,250 67,372 128,402 -284,758 -291,802 -295,880 -384,169 -40,308 -35,801 -55,457 138,893 154,208 132,713
Total assets US$ in thousands 1,097,960 1,083,160 1,068,670 1,079,340 1,105,560 1,124,070 1,122,610 1,153,820 1,210,530 2,160,730 2,481,300 2,478,830 2,470,020 2,524,540 2,576,790 2,634,910
ROA 5.89% 3.81% 4.32% 3.64% 6.09% 11.42% -25.37% -25.29% -24.44% -17.78% -1.62% -1.44% -2.25% 5.50% 5.98% 5.04%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $64,623K ÷ $1,097,960K
= 5.89%

The return on assets (ROA) for ADEIA CORP has exhibited fluctuations over the periods provided in the data. The ROA was positive and relatively stable from March 31, 2021, to September 30, 2021, ranging from 5.04% to 5.98%. However, the ROA turned negative in the subsequent quarters, declining significantly to -24.44% by December 31, 2022.

The negative trend continued into the first half of 2023, with the ROA falling to -25.37% by June 30, 2023. However, there was a notable improvement in profitability in the latter half of 2023, with the ROA rising to 11.42% by September 30, 2023, and further increasing to 6.09% by December 31, 2023.

In the following year, the ROA remained positive but relatively lower, ranging from 3.64% to 5.89% from March 31, 2024, to December 31, 2024. Overall, the ROA of ADEIA CORP has shown significant volatility and inconsistency, reflecting fluctuations in the company's profitability relative to its total assets over the analyzed periods.