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.