A10 Network (ATEN)

Return on assets (ROA)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	50,140	39,970	46,908	94,887	17,816
Total assets	US$ in thousands	432,815	389,809	369,105	393,085	290,811
ROA		11.58%	10.25%	12.71%	24.14%	6.13%

December 31, 2024 calculation

ROA = Net income ÷ Total assets
= $50,140K ÷ $432,815K
= 11.58%

Based on the data provided, A10 Network's return on assets (ROA) has experienced fluctuations over the past five years. The ROA increased significantly from 6.13% on December 31, 2020, to 24.14% on December 31, 2021, indicating a substantial improvement in the company's profitability in the initial year.

However, in the subsequent years, the ROA showed some variability. It decreased to 12.71% on December 31, 2022, but remained above the starting point. By the end of December 31, 2023, the ROA further declined to 10.25%, suggesting some challenges or changes in the company's efficiency in generating profits from its assets.

Nonetheless, there was a slight recovery in the company's ROA by December 31, 2024, where it reached 11.58%. This improvement may signify efforts to enhance asset utilization or profitability during that period.

Overall, the trend in A10 Network's ROA indicates both positive and negative variations in its asset efficiency and profitability performance over the past five years, requiring further analysis to understand the factors driving these fluctuations.