EMCOR Group Inc (EME)
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 | 1,007,145 | 926,501 | 825,647 | 718,670 | 632,994 | 547,777 | 484,140 | 444,209 | 406,122 | 381,490 | 375,458 | 372,144 | 383,532 | 361,645 | 323,091 | 142,052 | 132,943 | 140,086 | 160,734 | 328,395 |
| Total assets | US$ in thousands | 7,716,470 | 7,321,950 | 7,072,550 | 6,687,330 | 6,609,720 | 6,224,190 | 5,907,670 | 5,640,910 | 5,524,610 | 5,438,730 | 5,146,440 | 5,231,150 | 5,441,450 | 5,296,680 | 5,133,170 | 5,061,190 | 5,063,840 | 4,829,980 | 4,590,420 | 4,835,550 |
| ROA | 13.05% | 12.65% | 11.67% | 10.75% | 9.58% | 8.80% | 8.20% | 7.87% | 7.35% | 7.01% | 7.30% | 7.11% | 7.05% | 6.83% | 6.29% | 2.81% | 2.63% | 2.90% | 3.50% | 6.79% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $1,007,145K ÷ $7,716,470K
= 13.05%
The return on assets (ROA) of EMCOR Group Inc has exhibited a generally positive trend from 6.79% as of March 31, 2020, to 13.05% as of December 31, 2024. This indicates a consistent improvement in the company's ability to generate earnings relative to its total assets over the period analyzed.
The ROA experienced fluctuations during this period, with notable increases and decreases at certain points. However, the overall trend shows a gradual and steady growth in the company's efficiency in utilizing its assets to generate profits.
The most significant improvements in ROA occurred from March 31, 2023, onwards, with a notable spike from 8.80% as of September 30, 2023, to 9.58% by December 31, 2023. Subsequently, the ROA continued to increase, reaching its peak at 13.05% as of December 31, 2024, reflecting strong asset utilization efficiency and profitability.
Overall, the upward trajectory of EMCOR Group Inc's ROA suggests effective management of assets to drive profitability and create value for shareholders.
Peer comparison
Dec 31, 2024