Amkor Technology Inc (AMKR)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 354,012 | 359,813 | 765,823 | 642,995 | 338,138 |
| Total assets | US$ in thousands | 6,944,330 | 6,771,120 | 6,821,760 | 6,038,550 | 5,022,310 |
| ROA | 5.10% | 5.31% | 11.23% | 10.65% | 6.73% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $354,012K ÷ $6,944,330K
= 5.10%
The return on assets (ROA) of Amkor Technology Inc has shown fluctuations over the past five years. As of December 31, 2020, the ROA was 6.73%, indicating that the company generated 6.73 cents of profit for every dollar of assets it had. Over the following years, there was an uptrend in ROA, reaching 11.23% by December 31, 2022, showcasing an improvement in the company's efficiency in utilizing its assets to generate profit.
However, there was a notable decline in ROA in the subsequent years, dropping to 5.31% by December 31, 2023, and further decreasing to 5.10% by December 31, 2024. These reductions suggest potential challenges faced by the company in maintaining or boosting its profitability in relation to its asset base during these periods.
It is essential for investors and stakeholders to closely monitor the company's future financial performance and strategic decisions to understand the factors influencing these ROA fluctuations and assess the company's overall asset utilization efficiency and profitability prospects.
Peer comparison
Dec 31, 2024