Api Group Corp (APG)
Return on assets (ROA)
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 240,000 | 250,000 | 208,000 | 193,000 | 172,000 | 153,000 | 150,000 | 124,000 | 106,000 | 73,000 | 66,000 | 57,000 | 45,000 | 44,000 | 7,000 | 15,000 | 33,000 | -153,000 | -284,000 | -299,000 |
| Total assets | US$ in thousands | 8,098,000 | 8,152,000 | 8,245,000 | 7,961,000 | 7,192,000 | 7,590,000 | 7,949,000 | 7,974,000 | 7,766,000 | 8,091,000 | 7,941,000 | 8,054,000 | 8,142,000 | 5,159,000 | 4,783,000 | 4,243,000 | 4,218,000 | 4,065,000 | 3,826,000 | 3,770,000 |
| ROA | 2.96% | 3.07% | 2.52% | 2.42% | 2.39% | 2.02% | 1.89% | 1.56% | 1.36% | 0.90% | 0.83% | 0.71% | 0.55% | 0.85% | 0.15% | 0.35% | 0.78% | -3.76% | -7.42% | -7.93% |
March 31, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $240,000K ÷ $8,098,000K
= 2.96%
The analysis of Api Group Corp's return on assets (ROA) over the specified period reveals a significant improvement from negative territory to positive performance. Initially, as of June 30, 2020, the company's ROA stood at -7.93%, indicating that the firm was experiencing losses relative to its asset base during that period. This negative ROA persisted through September 30, 2020, with a slight improvement to -7.42%, suggesting ongoing difficulties in generating profit from its assets.
By the end of 2020, the company's ROA exhibited a marked reduction in losses, improving to -3.76% as of December 31, 2020. This trend continued into the first quarter of 2021, with ROA turning positive at 0.78%, signaling a turnaround in operational performance and the ability to generate profits from assets.
Throughout 2021, the ratio stabilized at modest positive levels, with ROA values of 0.35% in June, 0.15% in September, and 0.85% at year's end. The subsequent quarters of 2022 maintained a positive trajectory, with ROA figures of 0.55% in March, increasing gradually to 0.71% in June, 0.83% in September, and reaching 0.90% by the end of December.
In 2023, the upward momentum persisted, with ROA rising to 1.36% in March, then slightly higher at 1.56% in June, and continuing to grow to 1.89% in September. By December, the ROA had increased to 2.02%. The first quarter of 2024 saw further improvement with an ROA of 2.39%, followed by steady increases to 2.42% in June, 2.52% in September, and a notable rise to 3.07% at the end of December 2024. The most recent data indicates a slight decrease to 2.96% in the first quarter of 2025.
Overall, the trend demonstrates a consistent recovery and growth in resource efficiency and profitability for Api Group Corp, moving from substantial losses into a stable and strengthening gross return on assets. The ratio's evolution underscores ongoing operational improvements, augmenting the company's capacity to generate profit relative to its asset base over the analyzed period.
Peer comparison
Mar 31, 2025