CNH Industrial N.V. (CNH)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,246,000 | 2,275,000 | 2,029,000 | 1,723,000 | -493,000 |
| Total assets | US$ in thousands | 42,933,000 | 46,267,000 | 39,381,000 | 49,416,000 | 48,719,000 |
| ROA | 2.90% | 4.92% | 5.15% | 3.49% | -1.01% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $1,246,000K ÷ $42,933,000K
= 2.90%
The return on assets (ROA) of CNH Industrial N.V. has shown variations over the past five years. In 2020, the ROA was -1.01%, indicating that the company generated a negative return on its assets. However, there has been a significant improvement in subsequent years, with the ROA increasing to 3.49% in 2021, 5.15% in 2022, and then slightly decreasing to 4.92% in 2023. In the most recent year, 2024, the ROA decreased further to 2.90%.
Overall, the increasing trend in ROA from 2020 to 2023 suggests that CNH Industrial N.V. may have been more effective in utilizing its assets to generate profits during this period. However, the decrease in ROA in 2024 indicates a potential challenge in maintaining or improving asset efficiency and profitability. Further monitoring and analysis of the company's asset management strategies may be necessary to understand the factors driving these fluctuations in ROA.
Peer comparison
Dec 31, 2024