Astrana Health Inc (ASTH)
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 | 43,149 | 62,456 | 68,421 | 62,420 | 60,717 | 45,761 | 49,688 | 47,917 | 49,049 | 65,419 | 73,712 | 74,971 | 73,858 | 70,145 | 52,579 | 46,965 | 37,866 | 34,536 | 21,527 | 18,028 |
| Total assets | US$ in thousands | 1,354,890 | 1,285,380 | 1,252,470 | 1,226,280 | 933,361 | 1,073,260 | 1,027,180 | 992,628 | 989,915 | 943,406 | 951,064 | 912,331 | 852,363 | 871,294 | 894,430 | 843,280 | 817,486 | 814,273 | 833,217 | 724,415 |
| ROA | 3.18% | 4.86% | 5.46% | 5.09% | 6.51% | 4.26% | 4.84% | 4.83% | 4.95% | 6.93% | 7.75% | 8.22% | 8.67% | 8.05% | 5.88% | 5.57% | 4.63% | 4.24% | 2.58% | 2.49% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $43,149K ÷ $1,354,890K
= 3.18%
The return on assets (ROA) for Astrana Health Inc has shown fluctuations over the period under review. Starting at 2.49% on March 31, 2020, the ROA increased gradually to reach a peak of 8.67% on December 31, 2021. This upward trend continued until March 31, 2022, with an ROA of 8.22%. However, from June 30, 2022, the ROA started to decline, reaching 3.18% by December 31, 2024.
Overall, Astrana Health Inc's ROA indicates the company's ability to generate profits relative to its total assets. The varying ROA percentages suggest changes in the company's efficiency in utilizing its assets to generate earnings. It is important for the company to analyze the reasons behind the fluctuations in ROA to maintain or improve its profitability in the future.
Peer comparison
Dec 31, 2024