CTS Corporation (CTS)
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 | 58,115 | 59,829 | 55,117 | 53,307 | 60,532 | 60,152 | 57,979 | 57,680 | 59,575 | 53,800 | -21,894 | -33,617 | -41,866 | -36,084 | 38,885 | 42,867 | 34,685 | 29,800 | 21,449 | 28,535 |
| Total assets | US$ in thousands | 766,112 | 789,392 | 725,622 | 732,840 | 741,167 | 753,962 | 755,906 | 747,007 | 748,487 | 734,679 | 729,634 | 684,746 | 664,462 | 651,973 | 647,298 | 634,665 | 626,049 | 655,853 | 663,389 | 685,165 |
| ROA | 7.59% | 7.58% | 7.60% | 7.27% | 8.17% | 7.98% | 7.67% | 7.72% | 7.96% | 7.32% | -3.00% | -4.91% | -6.30% | -5.53% | 6.01% | 6.75% | 5.54% | 4.54% | 3.23% | 4.16% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $58,115K ÷ $766,112K
= 7.59%
CTS Corporation's return on assets (ROA) has shown fluctuations over the past few years, ranging from negative figures to positive values. The ROA increased from 4.16% in March 2020 to a peak of 8.17% in December 2023 before stabilizing around the 7.50% range in the most recent periods. This indicates that the company has been efficient in generating profits relative to its assets, although the negative ROA values suggest periods of financial challenges or inefficiencies in asset utilization. Overall, CTS Corporation's ROA trends reflect varying levels of profitability and efficiency in managing its assets during the analyzed period.
Peer comparison
Dec 31, 2024