Axalta Coating Systems Ltd (AXTA)
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 | 391,000 | 327,100 | 298,100 | 247,100 | 267,100 | 237,600 | 228,000 | 211,100 | 191,600 | 201,200 | 207,900 | 290,200 | 263,900 | 280,400 | 293,800 | 84,600 | 121,600 | 93,600 | 76,600 | 257,800 |
| Total assets | US$ in thousands | 7,249,000 | 7,500,000 | 7,306,000 | 7,089,000 | 7,272,000 | 6,996,000 | 7,043,100 | 7,000,600 | 7,059,200 | 6,819,000 | 6,942,600 | 7,081,500 | 7,217,200 | 7,233,000 | 7,209,400 | 7,020,800 | 7,157,200 | 7,036,500 | 6,668,600 | 6,390,700 |
| ROA | 5.39% | 4.36% | 4.08% | 3.49% | 3.67% | 3.40% | 3.24% | 3.02% | 2.71% | 2.95% | 2.99% | 4.10% | 3.66% | 3.88% | 4.08% | 1.20% | 1.70% | 1.33% | 1.15% | 4.03% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $391,000K ÷ $7,249,000K
= 5.39%
Axalta Coating Systems Ltd's return on assets (ROA) has fluctuated over the period from March 31, 2020 to December 31, 2024. ROA started at 4.03% in March 2020, decreased to a low of 1.15% in June 2020, and gradually increased to 5.39% by December 2024. The ROA performance can be characterized as experiencing both ups and downs during this period, with some volatility but ultimately showing an upward trend, indicating that the company's ability to generate profit from its assets improved over time. The highest ROA of 5.39% in December 2024 suggests that the company was able to effectively utilize its assets to generate a higher return for its investors.
Peer comparison
Dec 31, 2024