Concentra Group Holdings Parent, Inc. (CON)
Return on assets (ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | ||
|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 166,543 | 120,553 | 128,957 | 123,484 |
| Total assets | US$ in thousands | 2,521,160 | 2,481,040 | 2,363,340 | 2,366,160 |
| ROA | 6.61% | 4.86% | 5.46% | 5.22% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $166,543K ÷ $2,521,160K
= 6.61%
Concentra Group Holdings Parent, Inc.'s return on assets (ROA) has shown fluctuations over the past year. In March 2024, the ROA was 5.22%, indicating that the company generated 5.22 cents of profit for every dollar of assets it possesses. By June 2024, the ROA increased to 5.46%, suggesting a slight improvement in the company's asset utilization efficiency. However, in September 2024, the ROA decreased to 4.86%, signaling a potential decline in profitability relative to its asset base.
The significant increase in ROA to 6.61% by December 2024 is noteworthy as it indicates a substantial improvement in the company's ability to generate profit from its assets. This uptick could be attributed to enhanced operational efficiency, better investment decisions, or effective cost management strategies. Overall, while the ROA has shown volatility throughout the year, the positive trend in the latest period highlights Concentra Group Holdings Parent, Inc.'s potential for maximizing returns on its asset investments.
Peer comparison
Dec 31, 2024