Intel Corporation (INTC)

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	-18,756,000	-15,961,000	975,000	4,066,000	1,689,000	-1,644,000	-922,000	-2,857,000	8,014,000	13,301,000	19,105,000	24,620,000	19,868,000	21,102,000	18,555,000	18,599,000	20,899,000	21,947,000	23,661,000	22,735,000
Total assets	US$ in thousands	196,485,000	193,542,000	206,205,000	192,733,000	191,572,000	188,837,000	185,629,000	185,303,000	182,103,000	174,841,000	170,418,000	176,356,000	168,406,000	167,962,000	154,597,000	150,622,000	153,091,000	145,261,000	152,539,000	147,710,000
ROA		-9.55%	-8.25%	0.47%	2.11%	0.88%	-0.87%	-0.50%	-1.54%	4.40%	7.61%	11.21%	13.96%	11.80%	12.56%	12.00%	12.35%	13.65%	15.11%	15.51%	15.39%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $-18,756,000K ÷ $196,485,000K
= -9.55%

Intel Corporation's return on assets (ROA) has shown a declining trend over the past few years, starting at a healthy 15.39% as of March 31, 2020, and dropping to 4.40% by December 31, 2022. The ROA further deteriorated to negative figures in the subsequent periods, indicating a decrease in the company's ability to generate profits from its assets.

The negative ROA values in the quarters ending March 31, 2023, June 30, 2023, September 30, 2023, and December 31, 2023, suggest that Intel's assets were not efficiently utilized to generate profits during these periods. However, there was a slight improvement in ROA to 2.11% by March 31, 2024, though it remained relatively low.

The significant decline in ROA to -9.55% by December 31, 2024, is concerning as it indicates that Intel's profitability relative to its assets has deteriorated substantially. This declining trend in ROA signals potential inefficiencies in the company's asset management and operational performance, highlighting the need for Intel to reevaluate its strategies to enhance profitability and efficiency.