AptarGroup Inc (ATR)

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 374,541 335,952 320,209 312,827 284,487 281,128 251,076 231,629 239,288 237,901 230,917 222,568 244,097 239,720 256,176 242,739 214,040 209,346 202,380 234,456
Total assets US$ in thousands 4,432,280 4,625,220 4,453,260 4,437,090 4,451,890 4,298,220 4,347,710 4,302,800 4,203,460 4,026,470 4,258,110 4,407,450 4,141,360 4,131,480 4,110,100 3,992,640 3,990,050 3,861,750 3,814,020 3,776,550
ROA 8.45% 7.26% 7.19% 7.05% 6.39% 6.54% 5.77% 5.38% 5.69% 5.91% 5.42% 5.05% 5.89% 5.80% 6.23% 6.08% 5.36% 5.42% 5.31% 6.21%

December 31, 2024 calculation

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

AptarGroup Inc's Return on Assets (ROA) has shown variability over the periods presented in the data. The ROA ranged from a low of 5.05% on March 31, 2022, to a high of 8.45% on December 31, 2024. This indicates that the company's ability to generate profits from its assets improved significantly towards the end of the period.

On average, AptarGroup Inc's ROA over the period was approximately 6.11%. This suggests that, on average, the company generated $0.061 in profit for every dollar of assets it owned. A higher ROA is generally favorable as it signifies efficient asset utilization and profitability.

It is important for investors and stakeholders to monitor AptarGroup Inc's ROA over time to assess the company's operational efficiency and profitability. Any significant deviations from the historical trend should be investigated to understand the factors driving the changes in ROA.