Intel Corporation (INTC)
Return on assets (ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | -18,756,000 | 1,689,000 | 8,014,000 | 19,868,000 | 20,899,000 |
Total assets | US$ in thousands | 196,485,000 | 191,572,000 | 182,103,000 | 168,406,000 | 153,091,000 |
ROA | -9.55% | 0.88% | 4.40% | 11.80% | 13.65% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $-18,756,000K ÷ $196,485,000K
= -9.55%
The return on assets (ROA) for Intel Corporation has shown a declining trend over the past few years. In December 31, 2020, the ROA was 13.65%, indicating that the company generated $0.1365 in net income for every dollar of assets it owned. However, by December 31, 2024, the ROA had significantly decreased to -9.55%, implying that the company incurred a loss of $0.0955 for every dollar of assets.
The decreasing trend in ROA suggests that Intel Corporation may be facing challenges in generating profits relative to its asset base. It is important for the company to closely monitor and improve its asset utilization and profitability in order to enhance overall financial performance and sustainability.
Peer comparison
Dec 31, 2024