Addus HomeCare Corporation (ADUS)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 73,598 | 62,516 | 46,025 | 45,126 | 33,133 |
| Total assets | US$ in thousands | 1,412,630 | 1,024,430 | 937,994 | 947,585 | 892,582 |
| ROA | 5.21% | 6.10% | 4.91% | 4.76% | 3.71% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $73,598K ÷ $1,412,630K
= 5.21%
Addus HomeCare Corporation's return on assets (ROA) has shown a positive trend over the years. From December 31, 2020, where the ROA was 3.71%, there was a steady increase to 4.76% by December 31, 2021, and further growth to 4.91% by December 31, 2022. The ROA peaked at 6.10% on December 31, 2023, signifying strong efficiency in utilizing its assets to generate profits. However, there was a slight decrease in ROA to 5.21% by December 31, 2024. Overall, Addus HomeCare Corporation has demonstrated a generally improving ability to generate earnings from its assets, with the exception of a slight decline in the latest period.
Peer comparison
Dec 31, 2024