Installed Building Products Inc (IBP)
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 | 256,600 | 254,537 | 253,929 | 250,326 | 243,726 | 247,613 | 240,599 | 238,906 | 223,428 | 184,071 | 157,985 | 135,294 | 118,763 | 117,233 | 110,418 | 98,542 | 97,239 | 88,596 | 81,731 | 75,313 |
| Total assets | US$ in thousands | 2,059,900 | 2,072,500 | 2,025,200 | 2,003,200 | 1,981,300 | 1,920,960 | 1,835,940 | 1,779,560 | 1,778,930 | 1,763,850 | 1,702,090 | 1,652,750 | 1,653,200 | 1,327,130 | 1,273,620 | 1,233,620 | 1,187,680 | 1,165,440 | 1,131,050 | 1,087,060 |
| ROA | 12.46% | 12.28% | 12.54% | 12.50% | 12.30% | 12.89% | 13.10% | 13.43% | 12.56% | 10.44% | 9.28% | 8.19% | 7.18% | 8.83% | 8.67% | 7.99% | 8.19% | 7.60% | 7.23% | 6.93% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $256,600K ÷ $2,059,900K
= 12.46%
Installed Building Products Inc's return on assets (ROA) has shown a generally positive trend over the past few years, starting at 6.93% in March 2020 and increasing gradually to 12.46% by December 2024.
The fluctuations in ROA may indicate changes in the company's efficiency in generating profits from its assets. The peak ROA of 13.43% in March 2023 reflects a period of strong asset utilization and profitability, while the slight decline in subsequent quarters suggests some variability in performance.
Overall, the upward trajectory of ROA demonstrates that Installed Building Products Inc has been more effective in leveraging its assets to generate earnings over the analyzed period, highlighting improvements in operational efficiency and profitability.
Peer comparison
Dec 31, 2024