The Andersons Inc (ANDE)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 114,012 | 101,190 | 131,080 | 103,986 | 7,710 |
| Total assets | US$ in thousands | 4,121,310 | 3,855,010 | 4,608,000 | 4,569,220 | 4,272,120 |
| ROA | 2.77% | 2.62% | 2.84% | 2.28% | 0.18% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $114,012K ÷ $4,121,310K
= 2.77%
The return on assets (ROA) of The Andersons Inc has shown a notable upward trend over the past five years, increasing from 0.18% as of December 31, 2020, to 2.77% as of December 31, 2024. This positive trend indicates that the company has been utilizing its assets more efficiently to generate profits.
The ROA of 2.77% as of December 31, 2024, suggests that for every dollar of assets the company holds, it is generating a profit of $0.0277. This indicates a solid ability to generate earnings relative to the assets employed in the business.
Overall, The Andersons Inc has made improvements in its asset utilization and profitability over the years, which is a positive sign for investors and stakeholders.
Peer comparison
Dec 31, 2024