Hub Group Inc (HUBG)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 103,993 | 167,528 | 356,948 | 171,474 | 73,559 |
| Total assets | US$ in thousands | 2,868,340 | 2,936,050 | 2,810,080 | 2,437,290 | 2,105,400 |
| ROA | 3.63% | 5.71% | 12.70% | 7.04% | 3.49% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $103,993K ÷ $2,868,340K
= 3.63%
Hub Group Inc's Return on Assets (ROA) has shown fluctuations over the past five years.
- In 2020, the ROA was 3.49%, indicating that the company generated $0.0349 in net income for every dollar of assets it had.
- By the end of 2021, the ROA improved to 7.04%, reflecting an increase in profitability and efficiency in asset utilization.
- The ROA peaked in 2022 at 12.70%, showcasing a significant enhancement in the company's ability to generate earnings from its assets.
- However, in 2023, the ROA dropped to 5.71%, suggesting a slight decrease in profitability or a change in the asset base.
- Subsequently, by the end of 2024, the ROA declined further to 3.63%, indicating a potential challenge in generating returns on assets.
Overall, Hub Group Inc's ROA performance indicates variations in asset efficiency and profitability over the years, with both positive and negative trends observed during the period under review.
Peer comparison
Dec 31, 2024