Entegris Inc (ENTG)

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 292,787 228,521 184,151 314,101 180,669 200,119 93,204 -4,951 208,920 269,712 460,876 450,155 409,126 377,531 339,373 318,639 294,969 265,783 227,247 283,208
Total assets US$ in thousands 8,394,620 8,472,760 8,336,590 8,364,720 8,812,590 9,824,620 9,913,020 10,067,100 10,138,900 10,133,400 5,861,170 3,283,440 3,191,900 3,012,280 2,872,730 2,933,540 2,917,700 2,801,630 2,804,040 2,598,560
ROA 3.49% 2.70% 2.21% 3.76% 2.05% 2.04% 0.94% -0.05% 2.06% 2.66% 7.86% 13.71% 12.82% 12.53% 11.81% 10.86% 10.11% 9.49% 8.10% 10.90%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $292,787K ÷ $8,394,620K
= 3.49%

Entegris Inc's Return on Assets (ROA) is a financial ratio that indicates how efficiently the company is generating profits from its assets. Based on the provided data:

1. The ROA has shown fluctuations over the quarters, starting at 10.9% on March 31, 2020, and reaching a peak of 13.71% on March 31, 2022.

2. There was a significant drop in ROA to 7.86% on June 30, 2022, followed by a further decline to 2.06% on December 31, 2022.

3. The ROA slightly recovered in the following quarters, with a positive trend seen in the later periods.

4. Entegris Inc experienced a dip in ROA to -0.05% on March 31, 2023, but quickly reversed the trend, showing improvement in subsequent quarters.

5. The company's ROA stood at 3.49% on December 31, 2024, indicating a moderate increase compared to the earlier periods.

Overall, the data suggests that Entegris Inc has experienced fluctuations in its ROA, with periods of both growth and decline. It is essential for the company to focus on effectively utilizing its assets to maintain a consistent and healthy ROA for sustainable profitability.