Kadant Inc (KAI)
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 | 111,598 | 114,962 | 114,240 | 112,683 | 116,069 | 114,752 | 111,375 | 107,811 | 120,928 | 119,006 | 111,980 | 108,674 | 84,043 | 76,093 | 70,483 | 59,226 | 55,196 | 47,738 | 49,002 | 53,699 |
| Total assets | US$ in thousands | 1,430,340 | 1,489,340 | 1,456,030 | 1,409,430 | 1,175,660 | 1,154,100 | 1,161,420 | 1,169,140 | 1,149,880 | 1,106,850 | 1,124,000 | 1,144,270 | 1,132,210 | 1,133,130 | 1,029,480 | 935,665 | 927,571 | 913,891 | 915,292 | 909,048 |
| ROA | 7.80% | 7.72% | 7.85% | 7.99% | 9.87% | 9.94% | 9.59% | 9.22% | 10.52% | 10.75% | 9.96% | 9.50% | 7.42% | 6.72% | 6.85% | 6.33% | 5.95% | 5.22% | 5.35% | 5.91% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $111,598K ÷ $1,430,340K
= 7.80%
Kadant Inc's return on assets (ROA) has shown a general upward trend over the last few years, indicating improving efficiency in generating profits from its assets. The ROA increased from 5.91% in March 2020 to 7.80% in December 2024.
There was a significant spike in ROA from September 2022 to December 2022, reaching a peak of 10.75%, before gradually declining in the following periods. This suggests that Kadant Inc may have made strategic asset management decisions during that timeframe.
Overall, the company's ROA performance reflects a positive trajectory, with fluctuations typical of the industry. It is important to further investigate the factors contributing to the changes in ROA to assess the company's overall operational efficiency and profitability.
Peer comparison
Dec 31, 2024