Amphenol Corporation (APH)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,424,000 | 1,928,000 | 1,902,300 | 1,590,800 | 1,203,400 |
| Total assets | US$ in thousands | 21,440,200 | 16,526,400 | 15,326,200 | 14,678,400 | 12,327,300 |
| ROA | 11.31% | 11.67% | 12.41% | 10.84% | 9.76% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $2,424,000K ÷ $21,440,200K
= 11.31%
Amphenol Corporation's Return on Assets (ROA) has displayed a positive trend over the past five years, increasing from 9.76% in December 2020 to 11.31% in December 2024. This indicates that the company has been more effective in generating profits relative to its total assets. The steady improvement in ROA suggests that Amphenol has been efficiently utilizing its assets to generate earnings. However, there was a slight dip in ROA in 2023 compared to 2022 before rebounding in 2024. Overall, the increasing trend in ROA reflects positively on Amphenol's operational efficiency and asset management.