Aptiv PLC (APTV)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,787,000 | 2,938,000 | 594,000 | 590,000 | 1,804,000 |
| Total assets | US$ in thousands | 23,458,000 | 24,427,000 | 21,884,000 | 18,007,000 | 17,522,000 |
| ROA | 7.62% | 12.03% | 2.71% | 3.28% | 10.30% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $1,787,000K ÷ $23,458,000K
= 7.62%
The return on assets (ROA) of Aptiv PLC has shown some fluctuation over the years. The ROA was 10.30% as of December 31, 2020, indicating that the company generated 10.30 cents of profit for every dollar of assets. However, there was a significant decrease in ROA to 3.28% as of December 31, 2021, suggesting a decline in profitability relative to its assets.
Subsequently, the ROA further declined to 2.71% as of December 31, 2022, indicating a continued challenge in efficiently utilizing its assets to generate profits. However, there was a notable improvement in ROA to 12.03% as of December 31, 2023, signaling a strong performance in generating profit relative to its assets.
As of December 31, 2024, the ROA stood at 7.62%, showing a slight decrease from the previous year but still indicating a relatively healthy return on assets. Overall, Aptiv PLC has experienced fluctuations in its ROA, and it will be essential for the company to continue monitoring and managing its asset utilization to sustain profitability in the future.
Peer comparison
Dec 31, 2024