InterDigital Inc (IDCC)
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 | 358,614 | 264,592 | 278,343 | 190,462 | 214,069 | 207,391 | 181,672 | 180,958 | 93,693 | 83,163 | 87,169 | 67,718 | 55,295 | 32,067 | 29,623 | 50,256 | 44,801 | 59,905 | 38,355 | 23,847 |
| Total assets | US$ in thousands | 1,835,530 | 1,725,350 | 1,636,300 | 1,807,020 | 1,770,810 | 1,826,480 | 1,760,180 | 1,748,560 | 1,900,100 | 1,928,220 | 1,617,500 | 1,596,030 | 1,628,160 | 1,700,610 | 1,497,080 | 1,561,870 | 1,616,280 | 1,640,490 | 1,538,760 | 1,464,730 |
| ROA | 19.54% | 15.34% | 17.01% | 10.54% | 12.09% | 11.35% | 10.32% | 10.35% | 4.93% | 4.31% | 5.39% | 4.24% | 3.40% | 1.89% | 1.98% | 3.22% | 2.77% | 3.65% | 2.49% | 1.63% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $358,614K ÷ $1,835,530K
= 19.54%
InterDigital Inc's return on assets (ROA) has exhibited fluctuating trends over the provided time period. Starting at 1.63% in March 2020, the ROA gradually increased to 19.54% by December 2024. Notably, there were periods of significant growth, such as the ROA reaching 15.34% in September 2024 and further escalating to 17.01% in June 2024.
The ROA metric indicates the company's efficiency in generating profits relative to its total assets. The upward trajectory of ROA signifies that InterDigital Inc has been utilizing its assets effectively to enhance profitability over time. The substantial ROA percentages seen in 2024 suggest that the company has been able to significantly boost its earnings in relation to its asset base.
Overall, the positive trend in InterDigital Inc's ROA implies that the company has been effectively managing its assets to generate higher returns, reflecting positively on its financial performance and efficiency in utilizing its resources.
Peer comparison
Dec 31, 2024