HF Sinclair Corp (DINO)
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 | 176,508 | 328,325 | 1,195,191 | 1,551,064 | 1,589,666 | 2,238,876 | 2,402,359 | 3,115,958 | 2,922,666 | 2,296,109 | 1,622,491 | 570,081 | 558,324 | 480,107 | 196,919 | -148,608 | -601,448 | -423,096 | -158,882 | 214,710 |
| Total assets | US$ in thousands | 16,643,000 | 16,887,700 | 17,381,800 | 17,916,000 | 17,716,300 | 18,901,800 | 18,197,000 | 18,006,000 | 18,125,500 | 18,226,300 | 19,177,900 | 17,733,100 | 12,916,600 | 12,897,200 | 12,560,000 | 11,934,800 | 11,506,900 | 11,579,700 | 11,063,800 | 11,221,800 |
| ROA | 1.06% | 1.94% | 6.88% | 8.66% | 8.97% | 11.84% | 13.20% | 17.31% | 16.12% | 12.60% | 8.46% | 3.21% | 4.32% | 3.72% | 1.57% | -1.25% | -5.23% | -3.65% | -1.44% | 1.91% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $176,508K ÷ $16,643,000K
= 1.06%
The Return on Assets (ROA) of HF Sinclair Corp has shown a fluctuating trend over the past few years. Starting at a modest 1.91% in March 2020, the ROA turned negative in the following quarters, reaching a low of -5.23% by December 2020. However, the company was able to reverse this downward trend, with ROA steadily improving to reach a peak of 17.31% in March 2023.
Following this peak, there was a gradual decline in ROA over the subsequent quarters, leveling at around 1-8% range by the end of 2024. Despite the fluctuations, the overall trend indicates a significant improvement in the company's ability to generate profits from its assets, especially when compared to the negative ROA figures observed in 2020.
It is essential for HF Sinclair Corp to continue monitoring and managing its assets effectively to sustain and potentially enhance its ROA in the future.