Graco Inc (GGG)

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 486,083 487,328 498,254 499,544 506,511 522,749 505,858 488,968 460,645 454,685 442,282 435,022 439,866 434,325 444,611 363,325 330,456 300,600 270,617 329,922
Total assets US$ in thousands 3,139,210 2,975,640 2,879,900 2,786,820 2,722,010 2,674,920 2,707,720 2,546,260 2,438,900 2,438,200 2,404,280 2,319,440 2,443,200 2,377,330 2,229,200 2,087,720 1,988,130 1,994,000 1,962,460 1,947,340
ROA 15.48% 16.38% 17.30% 17.93% 18.61% 19.54% 18.68% 19.20% 18.89% 18.65% 18.40% 18.76% 18.00% 18.27% 19.94% 17.40% 16.62% 15.08% 13.79% 16.94%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $486,083K ÷ $3,139,210K
= 15.48%

Graco Inc's return on assets (ROA) has fluctuated over the period from March 31, 2020, to December 31, 2024. The ROA started at 16.94% in March 2020, increased to 19.94% by June 2021, and then fluctuated around an average of 18% until December 2023. However, there was a decrease in ROA to 15.48% by December 31, 2024. Overall, Graco Inc has maintained a relatively strong ROA performance over the period, indicating the company's ability to generate profits relative to its total assets. It is essential for stakeholders to monitor trends in ROA to assess the company's operational efficiency and profitability.