Arlo Technologies (ARLO)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -30,504 | -22,036 | -56,626 | -56,029 | -101,251 |
| Total assets | US$ in thousands | 298,400 | 285,538 | 272,201 | 347,490 | 413,968 |
| ROA | -10.22% | -7.72% | -20.80% | -16.12% | -24.46% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $-30,504K ÷ $298,400K
= -10.22%
The return on assets (ROA) of Arlo Technologies has shown fluctuations over the past five years. In December 2020, the ROA was at a concerning -24.46%, indicating that the company generated a negative return on its assets. Subsequently, there was a slight improvement in ROA by December 2021, although it remained negative at -16.12%.
By December 2022, the ROA decreased to -20.80%, suggesting a further decline in the company's ability to generate profit from its assets. However, in December 2023, there was a notable improvement in the ROA to -7.72%, signaling a potential turnaround in the company's asset utilization and profitability.
The most recent data point in December 2024 shows the ROA at -10.22%, indicating that while there has been an improvement since 2022, the company is still struggling to generate a positive return on its assets.
Overall, Arlo Technologies has experienced fluctuating ROA figures, with some signs of improvement in recent years, although it remains a key area of concern for the company's financial performance.
Peer comparison
Dec 31, 2024