Boise Cascad Llc (BCC)
Return on assets (ROA)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 483,661 | 503,486 | 580,042 | 651,833 | 857,700 | 909,415 | 781,485 | 865,930 | 712,486 | 642,511 | 654,004 | 385,034 | 248,078 | 173,778 | 97,707 | 91,790 | 90,979 | -18,121 | -31,394 | -17,238 |
| Total assets | US$ in thousands | 3,458,650 | 3,642,430 | 3,476,390 | 3,362,190 | 3,240,510 | 3,348,530 | 3,135,170 | 3,105,930 | 2,572,640 | 2,588,360 | 2,647,440 | 2,278,740 | 1,965,720 | 2,059,840 | 1,841,080 | 1,755,370 | 1,693,350 | 1,785,920 | 1,732,810 | 1,687,050 |
| ROA | 13.98% | 13.82% | 16.69% | 19.39% | 26.47% | 27.16% | 24.93% | 27.88% | 27.69% | 24.82% | 24.70% | 16.90% | 12.62% | 8.44% | 5.31% | 5.23% | 5.37% | -1.01% | -1.81% | -1.02% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $483,661K ÷ $3,458,650K
= 13.98%
Boise Cascade Co's return on assets (ROA) has shown a consistent downward trend over the past eight quarters. The ROA decreased from 26.47% in Q4 2022 to 13.98% in Q4 2023. This decline indicates that the company is generating less profit from its assets compared to the previous periods.
The ROA peaked at 27.88% in Q1 2022 and has steadily declined since then. These fluctuations may be attributed to changes in the company's asset management efficiency, profitability, and overall financial performance.
The decreasing ROA could signal potential inefficiencies in asset utilization or declining profitability levels. Boise Cascade Co should closely monitor its asset management strategies and profitability drivers to reverse this trend and improve overall performance in the future.
Peer comparison
Dec 31, 2023