Autoliv Inc (ALV)

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 645,000 629,000 625,000 540,000 488,000 417,000 388,000 414,000 423,000 382,000 337,000 362,000 436,000 509,500 547,800 269,100 186,900 154,000 141,100 424,900
Total assets US$ in thousands 7,804,000 8,306,000 8,010,000 8,324,000 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 8,156,800 7,833,400 7,174,500 6,973,900
ROA 8.26% 7.57% 7.80% 6.49% 5.86% 5.22% 4.87% 5.06% 5.48% 5.21% 4.79% 4.66% 5.78% 6.78% 7.17% 3.28% 2.29% 1.97% 1.97% 6.09%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $645,000K ÷ $7,804,000K
= 8.26%

Autoliv Inc's return on assets (ROA) has shown fluctuations over the periods analyzed. The ROA was relatively stable around 2-3% during most of 2020 and 2021. However, there was a noticeable increase in ROA starting from March 31, 2022, where it climbed to 4.66% and continued to improve, reaching a peak of 8.26% by December 31, 2024. This improvement indicates that Autoliv Inc has been able to generate more profit from its assets over time. The consistent increase in ROA suggests that the company is likely becoming more efficient in utilizing its assets to generate earnings for its shareholders.