InterDigital Inc (IDCC)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 358,614 | 214,069 | 93,693 | 55,295 | 44,801 |
| Total assets | US$ in thousands | 1,835,530 | 1,770,810 | 1,900,100 | 1,628,160 | 1,616,280 |
| ROA | 19.54% | 12.09% | 4.93% | 3.40% | 2.77% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $358,614K ÷ $1,835,530K
= 19.54%
The return on assets (ROA) of InterDigital Inc has shown a positive trend over the years, indicating an increasing efficiency in generating profits relative to its assets. The ROA increased from 2.77% in December 2020 to 19.54% by December 2024. This significant improvement suggests that the company has effectively utilized its assets to generate higher returns for its shareholders. The sharp rise in ROA from 2023 to 2024 reflects a substantial enhancement in profitability relative to its asset base. Overall, the trend in ROA reflects positively on InterDigital Inc's operational performance and management's ability to generate increasing returns from its assets over the years.
Peer comparison
Dec 31, 2024