The Andersons Inc (ANDE)
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 | 114,012 | 120,108 | 102,451 | 121,521 | 101,190 | 59,028 | 86,068 | 110,827 | 131,080 | 151,698 | 130,688 | 94,382 | 103,986 | 90,335 | 73,539 | 60,479 | 7,710 | -1,632 | -4,811 | -5,362 |
| Total assets | US$ in thousands | 4,121,310 | 3,388,300 | 3,299,810 | 3,261,070 | 3,855,010 | 3,588,100 | 3,570,050 | 4,102,040 | 4,608,000 | 4,418,620 | 4,737,180 | 5,142,940 | 4,569,220 | 3,708,140 | 4,049,090 | 4,266,740 | 4,272,120 | 3,411,610 | 3,303,990 | 3,752,690 |
| ROA | 2.77% | 3.54% | 3.10% | 3.73% | 2.62% | 1.65% | 2.41% | 2.70% | 2.84% | 3.43% | 2.76% | 1.84% | 2.28% | 2.44% | 1.82% | 1.42% | 0.18% | -0.05% | -0.15% | -0.14% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $114,012K ÷ $4,121,310K
= 2.77%
The return on assets (ROA) of The Andersons Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ROA started in negative territory, with values of -0.14% in March 2020, and gradually improved to reach a positive figure of 0.18% by December 31, 2020.
Subsequently, the ROA saw a significant increase, reaching 2.44% by September 30, 2021. This positive trend continued, with the ROA peaking at 3.73% on March 31, 2024. However, there were slight declines in between these peaks, reflecting some fluctuations in the company's profitability.
Overall, the ROA of The Andersons Inc has shown an upward trend, indicating an improvement in the company's ability to generate profits from its assets. The increasing ROA figures demonstrate efficient asset utilization and potentially effective management of the company's resources during the period analyzed.
Peer comparison
Dec 31, 2024