Entegris Inc (ENTG)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 292,787 | 180,669 | 208,920 | 409,126 | 294,969 |
| Total assets | US$ in thousands | 8,394,620 | 8,812,590 | 10,138,900 | 3,191,900 | 2,917,700 |
| ROA | 3.49% | 2.05% | 2.06% | 12.82% | 10.11% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $292,787K ÷ $8,394,620K
= 3.49%
Entegris Inc's Return on Assets (ROA) indicates the company's ability to generate profit relative to its total assets. From 2020 to 2021, the ROA improved significantly from 10.11% to 12.82%, suggesting a more efficient utilization of assets to generate earnings. However, this positive trend reversed in 2022, as the ROA dropped sharply to 2.06%, possibly indicating challenges in asset management or profitability. The ROA remained relatively stable in 2023 at 2.05%, showing consistency in asset efficiency. In 2024, there was a slight improvement as the ROA increased to 3.49%, although it still remained below the levels observed in 2021. Overall, Entegris Inc's ROA performance has varied over the years, indicating fluctuations in asset productivity and profitability levels.
Peer comparison
Dec 31, 2024