CDW Corp (CDW)
Return on assets (ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 1,077,800 | 1,104,300 | 1,114,500 | 988,600 | 788,500 |
Total assets | US$ in thousands | 14,678,400 | 13,284,600 | 13,131,500 | 13,199,400 | 9,344,700 |
ROA | 7.34% | 8.31% | 8.49% | 7.49% | 8.44% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $1,077,800K ÷ $14,678,400K
= 7.34%
The return on assets (ROA) of CDW Corp has shown fluctuations over the years. In December 2020, the ROA was 8.44%, indicating that the company generated $0.0844 in profit for every dollar of assets. By December 2021, the ROA decreased to 7.49%, suggesting a slight decline in the company's efficiency in generating profits from its assets.
However, in December 2022, the ROA improved to 8.49%, indicating that CDW Corp was able to enhance its profitability relative to its asset base. This positive trend continued in December 2023 with an ROA of 8.31%. Nonetheless, there was a dip in performance by December 2024, with the ROA decreasing to 7.34%.
Overall, CDW Corp's ROA performance demonstrates variability over the years, with some periods of improvement and others showing a decline in the company's ability to generate profits from its assets. Further analysis of the company's financial strategies and operational efficiency may provide insights into these fluctuations.
Peer comparison
Dec 31, 2024