Chemed Corp (CHE)

Return on assets (ROA)

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 Jun 30, 2020
Net income (ttm) US$ in thousands 327,301 301,999 301,733 300,915 283,405 272,509 244,582 226,497 239,576 249,624 262,123 277,253 267,319 268,550 307,677 303,396 328,975 319,466 271,294 262,519
Total assets US$ in thousands 1,668,580 1,668,580 1,769,440 1,734,980 1,727,630 1,760,790 1,562,080 1,505,180 1,431,180 1,442,010 1,356,200 1,312,960 1,305,760 1,342,720 1,318,130 1,383,800 1,458,130 1,434,910 1,366,950 1,291,190
ROA 19.62% 18.10% 17.05% 17.34% 16.40% 15.48% 15.66% 15.05% 16.74% 17.31% 19.33% 21.12% 20.47% 20.00% 23.34% 21.92% 22.56% 22.26% 19.85% 20.33%

March 31, 2025 calculation

ROA = Net income (ttm) ÷ Total assets
= $327,301K ÷ $1,668,580K
= 19.62%

Chemed Corp's return on assets (ROA) has shown variability over the periods analyzed. From June 30, 2020, to March 31, 2023, the ROA generally decreased from 20.33% to 15.66%, indicating a decline in the company's ability to generate profits from its assets during this period.

However, from June 30, 2023, to March 31, 2025, there was an upward trend in the ROA, with the ratio increasing from 15.66% to 19.62%. This improvement suggests that Chemed Corp's profitability in relation to its assets has been strengthening.

Overall, it's important for investors and stakeholders to closely monitor the trend of Chemed Corp's ROA to assess its operational efficiency and profitability in utilizing its assets effectively in creating value for shareholders.