AptarGroup Inc (ATR)

Return on assets (ROA)

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Net income US$ in thousands 374,541 284,487 239,288 244,097 214,040
Total assets US$ in thousands 4,432,280 4,451,890 4,203,460 4,141,360 3,990,050
ROA 8.45% 6.39% 5.69% 5.89% 5.36%

December 31, 2024 calculation

ROA = Net income ÷ Total assets
= $374,541K ÷ $4,432,280K
= 8.45%

AptarGroup Inc's return on assets (ROA) has shown a positive trend over the five-year period from December 31, 2020, to December 31, 2024. The ROA has increased from 5.36% in 2020 to 8.45% in 2024, indicating improvement in the company's ability to generate earnings from its assets over time.

The consistent upward trend in ROA suggests that AptarGroup Inc has been effectively utilizing its assets to generate profits. This improvement may be attributed to efficient management of assets, increased productivity, cost controls, or strategic investments that have yielded positive returns.

The rising ROA reflects positively on AptarGroup Inc's operational efficiency and profitability, indicating a favorable return on the resources deployed in the business. This trend could signal a strong financial performance and a healthy overall financial position for the company.