Concentra Group Holdings Parent, Inc. (CON)
Return on assets (ROA)
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Jun 30, 2023 | Mar 31, 2023 | ||
|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 120,553 | 128,957 | 123,484 | |||
| Total assets | US$ in thousands | 2,481,040 | 2,363,340 | 2,366,160 | 2,333,560 | — | — |
| ROA | 4.86% | 5.46% | 5.22% |
September 30, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $120,553K ÷ $2,481,040K
= 4.86%
The return on assets (ROA) of Concentra Group Holdings Parent, Inc. has shown some fluctuations over the past quarters. In the most recent quarter ending Sep 30, 2024, the ROA was 4.86%, which decreased compared to the previous quarter's ROA of 5.46% in Jun 30, 2024. However, the ROA in Sep 30, 2024, remained relatively close to the ROA of 5.22% reported in Mar 31, 2024.
Overall, the trend in ROA indicates that Concentra Group Holdings Parent, Inc. has been generating a return of approximately 4.86% to 5.46% for every dollar of assets held over the recent quarters. Further analysis would be beneficial to understand the factors contributing to the variations in ROA and to assess the company's efficiency in utilizing its assets to generate profits.
Peer comparison
Sep 30, 2024