FormFactor Inc (FORM)
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 | 69,614 | 135,755 | 121,390 | 102,826 | 82,387 | -7,186 | -7,206 | 22,208 | 50,738 | 90,362 | 106,508 | 94,171 | 83,924 | 77,300 | 79,694 | 82,258 | 78,523 | 77,886 | 63,274 | 49,753 |
| Total assets | US$ in thousands | 1,146,220 | 1,153,780 | 1,156,260 | 1,119,800 | 1,106,790 | 1,032,970 | 1,025,140 | 1,019,760 | 1,008,230 | 1,022,360 | 1,042,450 | 1,056,880 | 1,020,520 | 1,006,590 | 988,546 | 980,211 | 963,217 | 915,607 | 884,234 | 849,379 |
| ROA | 6.07% | 11.77% | 10.50% | 9.18% | 7.44% | -0.70% | -0.70% | 2.18% | 5.03% | 8.84% | 10.22% | 8.91% | 8.22% | 7.68% | 8.06% | 8.39% | 8.15% | 8.51% | 7.16% | 5.86% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $69,614K ÷ $1,146,220K
= 6.07%
FormFactor Inc's return on assets (ROA) has shown fluctuations over the past several quarters. The ROA increased from 5.86% in March 2020 to a peak of 11.77% in September 2024, indicating an improvement in the company's ability to generate profits from its assets. However, there was a significant decline in ROA in the second quarter of 2023, where it turned negative at -0.70%, before gradually recovering.
Overall, FormFactor Inc's ROA performance reflects a mixed trend with periods of steady growth and occasional setbacks. It is essential for stakeholders to closely monitor the company's asset management efficiency to ensure sustainable profitability in the long run.
Peer comparison
Dec 31, 2024