Warrior Met Coal Inc (HCC)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 250,603 | 478,629 | 641,298 | 150,881 | -35,761 |
| Total assets | US$ in thousands | 2,591,520 | 2,357,060 | 2,028,100 | 1,464,210 | 1,393,940 |
| ROA | 9.67% | 20.31% | 31.62% | 10.30% | -2.57% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $250,603K ÷ $2,591,520K
= 9.67%
Warrior Met Coal Inc's return on assets (ROA) has shown considerable variability over the years based on the provided data. The ROA was negative at -2.57% as of December 31, 2020, indicating that the company's assets were not generating a positive return during that period. However, there was a significant improvement in profitability in the subsequent years, with ROA values of 10.30% as of December 31, 2021, 31.62% as of December 31, 2022, and 20.31% as of December 31, 2023. These higher ROA percentages suggest that the company was more efficient in utilizing its assets to generate profits during these years.
However, there was a slight decrease in ROA to 9.67% as of December 31, 2024, compared to the previous year. This decrease may indicate a potential decrease in the company's profitability relative to its asset base during that period. It is important for investors and stakeholders to monitor ROA trends over time to assess the company's ability to generate profits from its assets effectively.
Peer comparison
Dec 31, 2024