Builders FirstSource Inc (BLDR)

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	1,540,555	1,574,375	1,860,925	2,443,515	2,749,369	2,807,312	2,682,450	2,192,476	1,725,416	1,422,874	895,661	477,350	313,537	214,990	207,188	194,868	221,809	232,463	227,661	217,679
Total assets	US$ in thousands	10,499,500	10,736,800	10,733,100	10,476,900	10,595,200	11,537,700	12,085,900	12,051,200	10,714,300	10,809,100	10,626,100	9,379,510	4,173,670	4,014,930	3,764,680	3,561,360	3,249,490	3,297,760	3,249,970	3,199,460
ROA		14.67%	14.66%	17.34%	23.32%	25.95%	24.33%	22.19%	18.19%	16.10%	13.16%	8.43%	5.09%	7.51%	5.35%	5.50%	5.47%	6.83%	7.05%	7.01%	6.80%

December 31, 2023 calculation

ROA = Net income (ttm) ÷ Total assets
= $1,540,555K ÷ $10,499,500K
= 14.67%

Builders Firstsource Inc's return on assets (ROA) has shown fluctuations over the past eight quarters, ranging from 14.67% to 25.95%. The ROA peaked in Q4 2022 at 25.95% before gradually declining in the following quarters. Despite the fluctuations, the company maintains healthy ROA figures above 14%, indicating efficient utilization of its assets to generate profits. The highest ROA in Q4 2022 suggests that Builders Firstsource Inc was particularly efficient in generating profits from its assets during that period. Further analysis and comparison with industry peers would provide more insights into the company's asset management efficiency.