Corcept Therapeutics Incorporated (CORT)
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 | 140,686 | 141,295 | 125,983 | 118,023 | 106,140 | 91,386 | 94,616 | 94,500 | 101,418 | 116,870 | 112,733 | 111,844 | 112,512 | 106,453 | 97,607 | 99,411 | 106,011 | 109,398 | 114,113 | 105,972 |
Total assets | US$ in thousands | 840,553 | 784,257 | 714,555 | 655,935 | 621,517 | 594,022 | 524,625 | 617,848 | 583,430 | 533,255 | 496,364 | 468,123 | 423,756 | 585,399 | 568,480 | 552,398 | 571,731 | 534,125 | 497,823 | 445,494 |
ROA | 16.74% | 18.02% | 17.63% | 17.99% | 17.08% | 15.38% | 18.03% | 15.30% | 17.38% | 21.92% | 22.71% | 23.89% | 26.55% | 18.18% | 17.17% | 18.00% | 18.54% | 20.48% | 22.92% | 23.79% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $140,686K ÷ $840,553K
= 16.74%
Corcept Therapeutics Incorporated's return on assets (ROA) has fluctuated over the period from March 31, 2020, to December 31, 2024. The ROA stood at 23.79% as of March 31, 2020, and showed a slight decrease to 22.92% by June 30, 2020. Subsequently, there was a declining trend in the ROA figures, with values of 20.48% as of September 30, 2020, and 18.54% as of December 31, 2020.
The ROA continued to decrease in the following periods, reaching a low of 15.30% as of March 31, 2023. However, there was a slight improvement in the ROA in the subsequent quarters, with the figure increasing to 18.03% as of June 30, 2023, and further to 17.08% by December 31, 2023.
As of December 31, 2024, Corcept Therapeutics' ROA stood at 16.74%. Overall, the fluctuations in the ROA indicate varying levels of efficiency in generating profits from the company's assets during the period under review. It is essential for stakeholders to monitor these trends to assess the company's operational performance and financial health.
Peer comparison
Dec 31, 2024