Generac Holdings Inc (GNRC)
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 | 316,315 | 295,690 | 242,325 | 228,408 | 214,606 | 189,020 | 186,913 | 298,074 | 399,502 | 471,382 | 544,682 | 515,359 | 550,494 | 532,600 | 516,000 | 455,109 | 350,576 | 295,189 | 255,793 | 251,606 |
| Total assets | US$ in thousands | 5,109,330 | 5,186,940 | 5,118,570 | 5,129,520 | 5,093,310 | 5,166,340 | 5,321,970 | 5,211,130 | 5,169,460 | 5,246,290 | 5,472,950 | 5,151,530 | 4,877,780 | 4,100,430 | 3,706,930 | 3,422,140 | 3,235,420 | 2,974,080 | 2,767,620 | 2,654,080 |
| ROA | 6.19% | 5.70% | 4.73% | 4.45% | 4.21% | 3.66% | 3.51% | 5.72% | 7.73% | 8.99% | 9.95% | 10.00% | 11.29% | 12.99% | 13.92% | 13.30% | 10.84% | 9.93% | 9.24% | 9.48% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $316,315K ÷ $5,109,330K
= 6.19%
Generac Holdings Inc's return on assets (ROA) has shown some fluctuations over the years based on the provided data. ROA measures how effectively a company is using its assets to generate profit.
From March 31, 2020, to June 30, 2021, the ROA of Generac Holdings Inc increased steadily from 9.48% to 13.92%, indicating the company was improving its efficiency in generating profits from its assets during this period.
However, from September 30, 2021, to December 31, 2024, Generac's ROA showed a decreasing trend, falling from 12.99% to 6.19%. This decline suggests a potential decrease in profitability relative to the company's asset base.
The peak ROA of 13.92% in June 30, 2021, may indicate a period of strong performance in asset utilization and profitability, while the subsequent decline in ROA highlights the importance of monitoring and managing asset efficiency to sustain profitability levels.
Overall, a thorough analysis of the company's operational and financial strategies during these periods can provide valuable insights into the fluctuations in Generac Holdings Inc's return on assets.
Peer comparison
Dec 31, 2024
See also:
Generac Holdings Inc Return on Assets (ROA) (Quarterly Data)