Adient PLC (ADNT)

Return on assets (ROA)

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Net income	US$ in thousands	18,000	205,000	-120,000	1,108,000	-547,000
Total assets	US$ in thousands	9,351,000	9,424,000	9,158,000	10,778,000	10,261,000
ROA		0.19%	2.18%	-1.31%	10.28%	-5.33%

September 30, 2024 calculation

ROA = Net income ÷ Total assets
= $18,000K ÷ $9,351,000K
= 0.19%

The return on assets (ROA) for Adient PLC has fluctuated significantly over the past five years. In September 2024, the ROA stands at 0.19%, indicating a relatively low return generated from the company's assets compared to previous years.

In contrast, the ROA was notably higher in September 2023 at 2.18%, showing a better utilization of assets to generate profits. However, the ROA was negative in September 2022 at -1.31%, suggesting that the company may have incurred losses or faced challenges in turning its assets into profits that year.

The most impressive performance in terms of ROA was recorded in September 2021 at 10.28%, reflecting a significant increase in the profitability of the company's assets. Conversely, the ROA was significantly negative in September 2020 at -5.33%, indicating substantial losses relative to the assets employed.

Overall, the fluctuating trend in Adient PLC's ROA highlights the importance of effectively managing and optimizing asset utilization to enhance profitability and financial performance.