Chart Industries Inc (GTLS)
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 | 218,500 | 188,700 | 130,100 | 80,600 | 54,300 | 22,000 | 52,800 | 56,700 | 81,900 | 76,500 | 50,200 | 43,700 | 59,100 | 316,800 | 323,600 | 337,200 | 320,100 | 62,700 | 59,700 | 54,000 |
| Total assets | US$ in thousands | 9,123,900 | 9,498,400 | 9,277,500 | 9,247,900 | 9,102,400 | 9,020,200 | 9,407,500 | 9,297,400 | 5,901,900 | 3,069,200 | 3,167,600 | 3,085,900 | 3,043,800 | 2,981,800 | 2,830,000 | 2,652,300 | 2,586,500 | 2,452,900 | 2,452,600 | 2,423,000 |
| ROA | 2.39% | 1.99% | 1.40% | 0.87% | 0.60% | 0.24% | 0.56% | 0.61% | 1.39% | 2.49% | 1.58% | 1.42% | 1.94% | 10.62% | 11.43% | 12.71% | 12.38% | 2.56% | 2.43% | 2.23% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $218,500K ÷ $9,123,900K
= 2.39%
Chart Industries Inc's return on assets (ROA) has witnessed fluctuations over the analyzed periods. The ROA started at 2.23% as of March 31, 2020, increased gradually to reach 12.71% by March 31, 2021, demonstrating a significant improvement in profitability. However, the ROA declined in subsequent periods, dropping to 1.39% by December 31, 2022. The ROA fluctuated further in the following periods, typically staying below the levels seen in the earlier years. As of December 31, 2024, the ROA stood at 2.39%.
The variations in ROA indicate changes in Chart Industries Inc's ability to generate profits relative to its total assets. Investors and stakeholders should closely monitor these trends to assess the company's operational efficiency and financial performance over time.