BorgWarner Inc (BWA)

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	338,000	897,000	713,000	614,000	625,000	725,000	950,000	962,000	945,000	820,000	641,000	672,000	537,000	766,000	781,000	436,000	500,000	362,000	445,000	715,000
Total assets	US$ in thousands	13,993,000	15,137,000	14,108,000	14,122,000	14,453,000	14,104,000	17,317,000	17,117,000	16,994,000	16,077,000	16,144,000	16,678,000	16,575,000	16,491,000	16,863,000	15,971,000	16,029,000	10,892,000	10,337,000	9,502,000
ROA		2.42%	5.93%	5.05%	4.35%	4.32%	5.14%	5.49%	5.62%	5.56%	5.10%	3.97%	4.03%	3.24%	4.64%	4.63%	2.73%	3.12%	3.32%	4.30%	7.52%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $338,000K ÷ $13,993,000K
= 2.42%

The return on assets (ROA) for BorgWarner Inc has fluctuated over the past few years based on the data provided. The ROA ranged from a high of 7.52% as of March 31, 2020, to a low of 2.42% as of December 31, 2024.

Generally, a higher ROA indicates that the company is more efficient in utilizing its assets to generate profits. The increasing trend in ROA from 2022 to 2024, with peaks observed in June 2024 at 5.93%, suggests improved asset management and profitability during that period.

However, the decline in ROA towards the end of 2024 may indicate potential challenges in asset utilization and profitability at that point in time. Overall, monitoring ROA trends can provide insights into BorgWarner Inc's operational efficiency and financial performance in converting its assets into profits.