Maplebear Inc. (CART)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 457,000 | -1,622,000 | 428,000 | -73,000 | -70,000 |
| Total assets | US$ in thousands | 4,115,000 | 4,727,000 | 3,669,000 | 2,961,000 | 2,096,000 |
| ROA | 11.11% | -34.31% | 11.67% | -2.47% | -3.34% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $457,000K ÷ $4,115,000K
= 11.11%
The return on assets (ROA) of Maplebear Inc. has exhibited fluctuating trends over the past five years. In December 31, 2020, the ROA was at -3.34%, indicating that the company generated a negative return on its assets for that year. The following year, in December 31, 2021, the ROA improved slightly to -2.47%, but still remained negative.
However, Maplebear Inc. saw a significant turnaround in its performance in December 31, 2022, with the ROA soaring to 11.67%. This sharp increase suggests that the company effectively utilized its assets to generate a positive return during that year. The positive trend continued into December 31, 2024, where the ROA stood at 11.11%, indicating the company's continued success in generating returns from its assets.
On the contrary, December 31, 2023, marked a notable decline in performance, with the ROA plummeting to -34.31%. This sharp drop signifies a significant decrease in the company's ability to generate returns from its assets during that particular year.
Overall, Maplebear Inc.'s ROA has shown volatility over the past five years, with both positive and negative performances. It is essential for the company to focus on maintaining sustainable and positive returns on its assets to ensure long-term profitability and efficiency in asset utilization.
Peer comparison
Dec 31, 2024