Group 1 Automotive Inc (GPI)
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 | 495,800 | 509,700 | 558,700 | 591,000 | 601,600 | 649,800 | 681,700 | 707,100 | 751,500 | 681,700 | 658,000 | 653,100 | 552,100 | 565,100 | 519,400 | 358,600 | 286,500 | 234,500 | 146,100 | 165,125 |
| Total assets | US$ in thousands | 9,824,200 | 9,976,500 | 8,850,300 | 8,509,900 | 7,774,100 | 1,775,200 | 7,424,600 | 6,923,200 | 6,717,500 | 6,251,500 | 6,102,800 | 6,039,600 | 5,749,400 | 4,757,600 | 4,855,900 | 5,065,100 | 5,089,400 | 4,983,400 | 4,859,600 | 5,441,100 |
| ROA | 5.05% | 5.11% | 6.31% | 6.94% | 7.74% | 36.60% | 9.18% | 10.21% | 11.19% | 10.90% | 10.78% | 10.81% | 9.60% | 11.88% | 10.70% | 7.08% | 5.63% | 4.71% | 3.01% | 3.03% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $495,800K ÷ $9,824,200K
= 5.05%
Group 1 Automotive Inc's return on assets (ROA) has shown fluctuations over the past few years. The ROA started at around 3% in early 2020 and gradually increased to around 10% by mid-2021. However, there was a significant spike in ROA to 36.60% in September 2023, indicating a potentially exceptional performance during that period. This spike was followed by a decrease to around 5% by the end of 2024.
Overall, Group 1 Automotive Inc's ROA trend suggests varying levels of efficiency in generating profits from its assets. The company should continue to monitor and improve its asset utilization to maintain a stable and healthy ROA in the future.
Peer comparison
Dec 31, 2024