Exponent Inc (EXPO)
Return on assets (ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 109,002 | 100,339 | 102,330 | 101,202 | 82,552 |
Total assets | US$ in thousands | 777,270 | 646,777 | 586,662 | 683,739 | 580,096 |
ROA | 14.02% | 15.51% | 17.44% | 14.80% | 14.23% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $109,002K ÷ $777,270K
= 14.02%
The return on assets (ROA) for Exponent Inc has shown a positive trend over the past five years. Starting at 14.23% on December 31, 2020, the ROA increased steadily to 14.80% by December 31, 2021. Subsequently, there was a significant jump to 17.44% by December 31, 2022. However, there was a slight decline to 15.51% by December 31, 2023, followed by a decrease to 14.02% by December 31, 2024. Overall, Exponent Inc has maintained a relatively healthy ROA, indicating efficient utilization of assets to generate profits, although there was a slight dip in the most recent year. Monitoring factors impacting asset efficiency could help sustain or improve ROA in the future.
Peer comparison
Dec 31, 2024