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.
Peer comparison
Dec 31, 2024