Graphic Packaging Holding Company (GPK)
Return on assets (ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 658,000 | 723,000 | 522,000 | 204,000 | 167,000 |
Total assets | US$ in thousands | 11,144,000 | 11,175,000 | 10,328,000 | 10,457,000 | 7,805,000 |
ROA | 5.90% | 6.47% | 5.05% | 1.95% | 2.14% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $658,000K ÷ $11,144,000K
= 5.90%
Graphic Packaging Holding Company's return on assets (ROA) has shown a fluctuating trend over the last five years.
- In December 31, 2020, the ROA was 2.14%, indicating that the company generated $0.0214 in profit for every dollar of assets it has.
- By December 31, 2021, the ROA slightly decreased to 1.95%, suggesting a lower return on the company's assets compared to the previous year.
- In December 31, 2022, there was a significant improvement in ROA, reaching 5.05%. This indicates that the company was able to generate a higher profit from its assets.
- The trend of improvement continued in December 31, 2023, with an even higher ROA of 6.47%, showcasing the company's efficiency in utilizing its assets to generate profits.
- By December 31, 2024, the ROA slightly decreased to 5.90%, still maintaining a relatively high level compared to the earlier years.
Overall, Graphic Packaging Holding Company's ROA has shown varying performance over the years, but the recent years have demonstrated a positive trend of improvement, indicating efficient management of assets to generate profits.
Peer comparison
Dec 31, 2024