Dana Inc (DAN)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -57,000 | 38,000 | -315,000 | 197,000 | -71,000 |
| Total assets | US$ in thousands | 7,485,000 | 7,965,000 | 7,449,000 | 7,632,000 | 7,376,000 |
| ROA | -0.76% | 0.48% | -4.23% | 2.58% | -0.96% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $-57,000K ÷ $7,485,000K
= -0.76%
Dana Inc's return on assets (ROA) fluctuated over the past five years. In December 2020, the ROA was negative at -0.96%, indicating that the company generated a net loss relative to its assets. However, there was a significant improvement in December 2021, with the ROA increasing to 2.58%, suggesting the company became more efficient in generating profit from its assets.
Subsequently, in December 2022, the ROA dropped to -4.23%, signifying a sharp decline in profitability. This negative ROA indicates that Dana Inc experienced challenges in utilizing its assets effectively to generate profit. However, there was a slight recovery in December 2023, as the ROA improved to 0.48%, although it remained relatively low compared to previous years.
By December 2024, Dana Inc's ROA decreased once again to -0.76%, showing a decline in profitability relative to the assets employed. Overall, the ROA trend suggests that Dana Inc faced fluctuations in its ability to generate returns from its asset base over the analyzed period, indicating potential inefficiencies in asset utilization and profitability. Further analysis of the underlying factors influencing these fluctuations would be advisable to address the company's operational performance.
Peer comparison
Dec 31, 2024