Advanced Energy Industries Inc (AEIS)
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 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 54,214 | 42,842 | 90,468 | 102,579 | 128,284 | 134,527 | 175,973 | 193,803 | 199,660 | 195,570 | 142,407 | 132,846 | 134,736 | 136,922 | 161,545 | 155,280 | 134,675 | 103,098 | 65,092 | 67,634 |
| Total assets | US$ in thousands | 2,261,890 | 2,192,860 | 2,541,860 | 2,524,090 | 2,556,760 | 2,493,690 | 1,949,910 | 2,008,700 | 1,992,170 | 1,974,060 | 1,878,070 | 1,832,360 | 1,817,340 | 1,832,060 | 1,776,230 | 1,699,250 | 1,648,640 | 1,642,520 | 1,594,250 | 1,522,550 |
| ROA | 2.40% | 1.95% | 3.56% | 4.06% | 5.02% | 5.39% | 9.02% | 9.65% | 10.02% | 9.91% | 7.58% | 7.25% | 7.41% | 7.47% | 9.09% | 9.14% | 8.17% | 6.28% | 4.08% | 4.44% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $54,214K ÷ $2,261,890K
= 2.40%
Advanced Energy Industries Inc's return on assets (ROA) shows fluctuation over the analyzed period, ranging from a low of 1.95% as of September 30, 2024, to a high of 10.02% as of December 31, 2022. ROA measures the company's ability to generate profits from its assets, and a higher ROA indicates better efficiency in asset utilization.
The ROA has generally been on an upward trend from the beginning of the period until the end of December 2022, showing improving efficiency in generating profits relative to its assets. However, the ROA started declining from March 31, 2023, and reached a low of 1.95% by September 30, 2024. This decline may indicate challenges in maintaining or improving profitability in relation to the company's asset base.
Overall, while Advanced Energy Industries Inc experienced fluctuations in its ROA during the period, it is important for stakeholders to monitor the trend closely to assess the company's ability to effectively utilize its assets to generate profits in the future.
Peer comparison
Dec 31, 2024