Belden Inc (BDC)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 198,433 | 242,759 | 254,663 | 63,925 | -55,162 |
| Total assets | US$ in thousands | 3,327,940 | 3,240,190 | 3,161,680 | 3,417,680 | 3,139,730 |
| ROA | 5.96% | 7.49% | 8.05% | 1.87% | -1.76% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $198,433K ÷ $3,327,940K
= 5.96%
Based on the provided data, Belden Inc's return on assets (ROA) has been on an upward trend over the past five years. The ROA was negative at -1.76% as of December 31, 2020, indicating that the company was not effectively utilizing its assets to generate profit. However, there has been a significant improvement in performance since then.
By December 31, 2021, the ROA had improved to 1.87%, indicating that Belden Inc had become more efficient in generating earnings relative to its assets. This positive momentum continued into the following years, with ROA reaching 8.05% as of December 31, 2022, 7.49% as of December 31, 2023, and 5.96% as of December 31, 2024.
Overall, the increasing trend in ROA suggests that Belden Inc has been effectively managing its assets to generate higher returns for its shareholders. This improvement in ROA is a positive indicator of the company's operational efficiency and financial performance over the past five years.
Peer comparison
Dec 31, 2024