Autoliv Inc (ALV)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 646,000 | 488,000 | 423,000 | 435,000 | 187,000 |
| Total assets | US$ in thousands | 7,804,000 | 8,332,000 | 7,717,000 | 7,537,000 | 8,156,800 |
| ROA | 8.28% | 5.86% | 5.48% | 5.77% | 2.29% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $646,000K ÷ $7,804,000K
= 8.28%
Autoliv Inc's return on assets (ROA) has shown a consistent improvement over the years. The ROA increased from 2.29% in December 31, 2020, to 8.28% in December 31, 2024. This indicates that the company's ability to generate profits from its assets has been progressively strengthening. A higher ROA signifies that Autoliv Inc is efficiently utilizing its assets to generate earnings, which is a positive indicator of operational efficiency and financial performance. Overall, the trend in Autoliv Inc's ROA reflects a positive trajectory, suggesting improved asset utilization and profitability over the years.
Peer comparison
Dec 31, 2024