Belden Inc (BDC)
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 | 198,433 | 178,516 | 197,171 | 216,880 | 242,759 | 266,259 | 292,206 | 282,014 | 254,663 | 142,927 | 85,897 | 71,100 | 63,925 | 120,630 | 96,362 | -15,307 | -55,162 | -209,506 | -523,511 | -413,406 |
Total assets | US$ in thousands | 3,327,940 | 3,340,450 | 3,522,600 | 3,119,310 | 3,240,190 | 3,129,400 | 3,145,330 | 3,066,780 | 3,161,680 | 2,960,500 | 3,026,020 | 3,003,270 | 3,417,680 | 3,335,180 | 3,269,930 | 3,147,670 | 3,139,730 | 3,036,080 | 3,177,030 | 972,258 |
ROA | 5.96% | 5.34% | 5.60% | 6.95% | 7.49% | 8.51% | 9.29% | 9.20% | 8.05% | 4.83% | 2.84% | 2.37% | 1.87% | 3.62% | 2.95% | -0.49% | -1.76% | -6.90% | -16.48% | -42.52% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $198,433K ÷ $3,327,940K
= 5.96%
The return on assets (ROA) of Belden Inc has shown a noticeable improvement over the last few quarters. Starting from a negative ROA of -42.52% in March 2020, the company progressively improved its performance reaching 5.96% by December 2024. This positive trend indicates that Belden Inc is generating more profit from its assets, reflecting better operational efficiency and effectiveness in managing its resources. The company's ability to consistently increase its ROA demonstrates a stronger financial position and a potential for sustainable growth in the future.
Peer comparison
Dec 31, 2024