Gen Digital Inc. (GEN)

Return on assets (ROA)

Mar 31, 2025 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
Net income (ttm) US$ in thousands 643,000 635,000 620,000 608,000 614,000 1,395,000 1,416,000 1,336,000 1,349,000 554,000 591,000 855,000 836,000 910,000 886,000 617,000 554,000 591,000 3,258,000 3,979,000
Total assets US$ in thousands 15,495,000 15,363,000 15,471,000 15,428,000 15,772,000 16,282,000 16,411,000 15,787,000 15,947,000 15,503,000 15,882,000 6,247,000 6,943,000 6,873,000 6,733,000 6,565,000 6,361,000 6,357,000 6,313,000 6,405,000
ROA 4.15% 4.13% 4.01% 3.94% 3.89% 8.57% 8.63% 8.46% 8.46% 3.57% 3.72% 13.69% 12.04% 13.24% 13.16% 9.40% 8.71% 9.30% 51.61% 62.12%

March 31, 2025 calculation

ROA = Net income (ttm) ÷ Total assets
= $643,000K ÷ $15,495,000K
= 4.15%

Gen Digital Inc.'s return on assets (ROA) has shown fluctuations over the past few years. Starting from a high of 62.12% in June 2020, the ROA exhibited a decreasing trend, reaching a low of 3.57% in December 2022. However, there was a slight improvement in the ROA for the first quarter of 2023, before dropping again in the subsequent quarters.

The company's ROA started to recover in the second quarter of 2023, hitting 8.46%, and continued to increase until reaching 4.15% by March 2025. Despite the variations in ROA, the company managed to maintain a positive return on its assets throughout the period under analysis.

The fluctuations in ROA suggest that Gen Digital Inc. may have experienced changes in its profitability and/or asset utilization efficiency over the years. Further analysis and comparison with industry benchmarks could provide insights into the company's performance and effectiveness in generating profits relative to its asset base.