Cirrus Logic Inc (CRUS)
Return on assets (ROA)
Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 331,507 | 274,572 | 176,703 | 326,355 | 217,344 |
Total assets | US$ in thousands | 2,327,070 | 2,231,580 | 2,063,970 | 2,123,400 | 1,830,610 |
ROA | 14.25% | 12.30% | 8.56% | 15.37% | 11.87% |
March 31, 2025 calculation
ROA = Net income ÷ Total assets
= $331,507K ÷ $2,327,070K
= 14.25%
Cirrus Logic Inc's return on assets (ROA) has fluctuated over the past five years, reflecting the company's efficiency in generating profits from its assets.
In March 2021, the ROA stood at 11.87%, indicating that the company generated $0.1187 in net income for every dollar of assets it possessed. This figure increased to 15.37% by March 2022, suggesting improved asset utilization and profitability.
However, in the subsequent year, the ROA declined to 8.56%, potentially signaling challenges in effectively utilizing its assets to generate profits. The company then rebounded in March 2024, with an ROA of 12.30%, showing a partial recovery in asset efficiency.
By March 2025, Cirrus Logic Inc's ROA improved further to 14.25%, indicating enhanced performance in generating profits relative to its asset base. Overall, the company has exhibited varying levels of efficiency in converting its assets into earnings over the past five years.
Peer comparison
Mar 31, 2025