Broadridge Financial Solutions Inc (BR)
Return on assets (ROA)
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 839,500 | 788,500 | 759,100 | 687,000 | 698,100 | 699,000 | 683,800 | 671,000 | 630,500 | 554,500 | 532,600 | 522,300 | 539,100 | 551,400 | 539,800 | 548,900 | 547,500 | 516,800 | 518,600 | 472,400 |
| Total assets | US$ in thousands | 8,545,000 | 8,299,600 | 8,230,600 | 8,017,100 | 8,242,400 | 8,215,400 | 7,999,800 | 8,071,200 | 8,233,200 | 8,432,300 | 8,051,300 | 8,090,600 | 8,168,800 | 8,349,500 | 8,115,900 | 8,028,400 | 8,119,800 | 5,186,800 | 4,858,300 | 4,749,700 |
| ROA | 9.82% | 9.50% | 9.22% | 8.57% | 8.47% | 8.51% | 8.55% | 8.31% | 7.66% | 6.58% | 6.62% | 6.46% | 6.60% | 6.60% | 6.65% | 6.84% | 6.74% | 9.96% | 10.67% | 9.95% |
June 30, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $839,500K ÷ $8,545,000K
= 9.82%
The analysis of Broadridge Financial Solutions Inc.'s return on assets (ROA) over the specified period reveals notable fluctuations and a generally upward trend in recent years. Initially, the ROA was around 9.95% at September 30, 2020, increasing to 10.67% by the end of 2020. Throughout 2021, the ROA exhibited a decline, reaching approximately 6.74% in June, with subsequent months maintaining a relatively stable level between 6.46% and 6.84%.
From the beginning of 2022 through mid-2023, the ROA remained relatively steady, fluctuating marginally around 6.5% to 6.6%. However, starting in the latter half of 2023, there was a discernible upward trajectory. The ROA increased to 8.31% as of September 30, 2023, and continued to improve, reaching 8.55% by December 31, 2023. The upward momentum persisted into 2024, with the ROA averaging around 8.5% to 8.6%, reaching a peak of 9.22% in December 2024. The positive trend continued into early 2025, achieving a ROA of approximately 9.82% by June 30, 2025.
This pattern indicates that Broadridge experienced a period of decreased profitability relative to its assets during 2021 and early 2022 but subsequently entered a phase of recovery and growth. The recent increase in ROA suggests improvements in asset utilization efficiency and profitability, reflecting possibly better operational performance, strategic initiatives, or favorable market conditions influencing the company's asset management efficiency. The overall trend underscores a positive development in the company's capacity to generate earnings from its assets over the recent period.
Peer comparison
Jun 30, 2025