Autoliv Inc (ALV)
Return on assets (ROA)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 488,000 | 417,000 | 388,000 | 414,000 | 423,000 | 382,000 | 337,000 | 362,000 | 436,000 | 509,500 | 547,500 | 268,500 | 186,500 | 153,600 | 141,000 | 425,100 | 461,500 | 212,900 | 245,000 | 173,100 |
| Total assets | US$ in thousands | 8,332,000 | 7,987,000 | 7,959,000 | 8,185,000 | 7,717,000 | 7,334,000 | 7,030,000 | 7,769,000 | 7,537,000 | 7,511,000 | 7,636,000 | 8,210,000 | 8,157,000 | 7,833,400 | 7,174,500 | 6,973,900 | 6,771,200 | 6,589,500 | 6,785,500 | 6,772,600 |
| ROA | 5.86% | 5.22% | 4.87% | 5.06% | 5.48% | 5.21% | 4.79% | 4.66% | 5.78% | 6.78% | 7.17% | 3.27% | 2.29% | 1.96% | 1.97% | 6.10% | 6.82% | 3.23% | 3.61% | 2.56% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $488,000K ÷ $8,332,000K
= 5.86%
Autoliv Inc.'s return on assets (ROA) has shown a relatively stable trend over the past eight quarters, ranging from 4.66% to 5.84%. The highest ROA of 5.84% was recorded in Q4 2023, indicating that the company generated $0.0584 in profit for every dollar of assets. Overall, Autoliv Inc.'s ROA performance suggests that it has been efficient in utilizing its assets to generate profits, although there have been slight fluctuations in the ratio over the period analyzed. Further analysis of the company's operating efficiency and asset management practices may provide additional insights into the factors driving its ROA performance.
Peer comparison
Dec 31, 2023