Arrow Electronics Inc (ARW)
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 | 392,074 | 487,403 | 585,495 | 713,356 | 903,505 | 1,058,370 | 1,202,110 | 1,335,885 | 1,426,884 | 1,448,690 | 1,396,318 | 1,266,625 | 1,108,197 | 973,060 | 849,093 | 741,256 | 584,438 | 460,380 | 386,451 | -295,319 |
Total assets | US$ in thousands | 21,757,700 | 20,934,600 | 20,107,800 | 20,262,900 | 21,726,200 | 20,638,400 | 20,535,900 | 20,276,500 | 21,763,200 | 20,505,700 | 19,894,400 | 19,512,900 | 19,535,500 | 17,430,500 | 16,842,800 | 16,173,600 | 17,053,900 | 15,496,600 | 15,604,500 | 15,391,500 |
ROA | 1.80% | 2.33% | 2.91% | 3.52% | 4.16% | 5.13% | 5.85% | 6.59% | 6.56% | 7.06% | 7.02% | 6.49% | 5.67% | 5.58% | 5.04% | 4.58% | 3.43% | 2.97% | 2.48% | -1.92% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $392,074K ÷ $21,757,700K
= 1.80%
Arrow Electronics Inc's return on assets (ROA) has shown a fluctuating trend over the period from March 31, 2020, to December 31, 2024. The ROA started at -1.92% in March 2020, turned positive in the following quarters, and exhibited a general increasing pattern until reaching a peak of 7.06% on September 30, 2022. However, the ROA experienced a slight decrease in the subsequent quarters and settled at 1.80% by December 31, 2024. This trend suggests that Arrow Electronics Inc's efficiency in generating profits from its assets improved initially but faced some challenges towards the latter part of the analyzed period. Overall, a higher ROA indicates better asset utilization and efficiency in generating profits.
Peer comparison
Dec 31, 2024