EMCOR Group Inc (EME)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,007,140 | 632,994 | 406,122 | 383,532 | 132,943 |
| Total assets | US$ in thousands | 7,716,470 | 6,609,720 | 5,524,610 | 5,441,450 | 5,063,840 |
| ROA | 13.05% | 9.58% | 7.35% | 7.05% | 2.63% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $1,007,140K ÷ $7,716,470K
= 13.05%
The return on assets (ROA) for EMCOR Group Inc has shown a consistent upward trend over the past five years, increasing from 2.63% in December 31, 2020, to 13.05% in December 31, 2024. This indicates that EMCOR Group Inc has been utilizing its assets more efficiently to generate profits for its shareholders. The steady improvement in ROA suggests that the company's management is effectively deploying its resources to generate higher returns. The significant increase in ROA from 2020 to 2024 highlights the company's improving financial performance and potential for growth. Overall, the rising ROA trend reflects positively on EMCOR Group Inc's operational efficiency and profitability.
Peer comparison
Dec 31, 2024