Choice Hotels International Inc (CHH)

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 299,665 252,814 239,122 236,696 258,507 285,067 296,123 317,581 332,152 340,722 354,297 334,011 288,957 232,739 130,584 42,261 75,387 109,691 171,430 248,260
Total assets US$ in thousands 2,530,530 2,544,050 2,518,910 2,475,080 2,394,800 2,232,240 2,150,320 2,106,220 2,102,180 2,188,980 2,076,840 1,972,030 1,931,820 1,865,930 1,728,790 1,584,140 1,587,330 1,570,150 1,686,040 1,703,950
ROA 11.84% 9.94% 9.49% 9.56% 10.79% 12.77% 13.77% 15.08% 15.80% 15.57% 17.06% 16.94% 14.96% 12.47% 7.55% 2.67% 4.75% 6.99% 10.17% 14.57%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $299,665K ÷ $2,530,530K
= 11.84%

Choice Hotels International Inc's return on assets (ROA) has shown a declining trend from March 2020 to June 2021, dropping from 14.57% to 7.55%. However, from September 2021 to December 2022, the ROA experienced a steady increase, reaching its peak at 17.06% in June 2022. Subsequently, the ROA fluctuated slightly around the 15% mark until December 2024, where it increased to 11.84%.

Overall, Choice Hotels International Inc's ROA has demonstrated some fluctuations but generally remained at healthy levels above 10%. This indicates that the company is efficiently utilizing its assets to generate profits, with periods of both growth and stability in its asset management efficiency.