Ametek Inc (AME)

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	1,376,124	1,331,731	1,331,860	1,318,419	1,313,188	1,277,405	1,234,676	1,192,807	1,159,542	1,134,142	1,093,961	1,043,267	990,053	929,397	876,518	811,056	872,439	872,191	888,359	937,645
Total assets	US$ in thousands	14,631,200	14,767,600	14,795,900	14,865,000	15,023,500	13,093,400	12,839,900	12,616,000	12,431,100	12,038,900	11,985,000	11,972,000	11,898,200	11,679,700	11,755,300	10,579,900	10,357,500	10,433,400	10,311,200	10,601,900
ROA		9.41%	9.02%	9.00%	8.87%	8.74%	9.76%	9.62%	9.45%	9.33%	9.42%	9.13%	8.71%	8.32%	7.96%	7.46%	7.67%	8.42%	8.36%	8.62%	8.84%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $1,376,124K ÷ $14,631,200K
= 9.41%

The Return on Assets (ROA) of Ametek Inc has shown a fluctuating trend over the past few years, with values ranging from 7.46% to 9.76%. The company's ROA increased steadily from 2020 to 2023, reaching a peak of 9.76% in September 2023. However, there was a slight decline in ROA in the following quarter, dropping to 8.74%.

In the most recent quarter of December 2024, Ametek Inc's ROA rebounded to 9.41%, indicating the company's ability to generate earnings from its assets. Overall, the increasing trend in ROA from 2020 to 2024 suggests that Ametek Inc has been effectively utilizing its assets to generate profits. However, investors and stakeholders may want to monitor future ROA trends to assess the company's operational efficiency and profitability.