Chart Industries Inc (GTLS)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 218,500 | 47,300 | 83,000 | 59,100 | 82,300 |
| Total assets | US$ in thousands | 9,123,900 | 9,102,400 | 5,901,900 | 3,043,800 | 2,586,500 |
| ROA | 2.39% | 0.52% | 1.41% | 1.94% | 3.18% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $218,500K ÷ $9,123,900K
= 2.39%
Chart Industries Inc's return on assets (ROA) has shown some fluctuations over the years. Beginning at 3.18% on December 31, 2020, the ROA decreased to 1.94% by December 31, 2021, and further declined to 1.41% by December 31, 2022. The trend continued as the ROA dropped to 0.52% by December 31, 2023. However, there was a notable improvement in the company's performance by December 31, 2024, as the ROA increased to 2.39%. Overall, the fluctuation in ROA indicates varying levels of profitability relative to the assets employed by Chart Industries Inc during the specified period.