Knowles Cor (KN)
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 | -237,800 | -208,900 | -192,800 | 80,100 | 72,400 | -183,000 | -196,900 | -453,400 | -430,100 | -129,500 | -104,500 | 156,000 | 150,400 | 87,400 | 65,300 | 28,200 | 6,600 | -2,500 | 17,300 | 42,700 |
| Total assets | US$ in thousands | 1,118,200 | 1,171,300 | 1,178,100 | 1,483,400 | 1,462,800 | 1,182,200 | 1,176,000 | 1,195,500 | 1,183,900 | 1,436,700 | 1,458,400 | 1,718,700 | 1,731,600 | 1,723,200 | 1,681,900 | 1,675,300 | 1,654,900 | 1,667,700 | 1,687,700 | 1,696,800 |
| ROA | -21.27% | -17.83% | -16.37% | 5.40% | 4.95% | -15.48% | -16.74% | -37.93% | -36.33% | -9.01% | -7.17% | 9.08% | 8.69% | 5.07% | 3.88% | 1.68% | 0.40% | -0.15% | 1.03% | 2.52% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $-237,800K ÷ $1,118,200K
= -21.27%
Knowles Cor's return on assets (ROA) has shown significant fluctuation over the period from March 2020 to December 2024. The ROA started at a relatively high level of 2.52% in March 2020 but decreased to 1.03% by June 2020. The company experienced negative ROA figures in the following quarters, with September and December in 2020 showing -0.15% and 0.40% respectively.
However, the trend reversed in early 2021, with ROA climbing to 1.68% by March and steadily increasing throughout the year. The company achieved its highest ROA of 9.08% in March 2022, indicating improved efficiency in generating profits from its assets.
The positive performance was short-lived as ROA turned negative in the subsequent quarters, hitting a low of -37.93% by March 2023. Knowles Cor struggled in 2023 and early 2024, with fluctuating negative ROA figures.
In the most recent quarter, December 2024, the ROA stood at -21.27%, suggesting ongoing challenges in effectively utilizing its assets to generate profits. The erratic pattern in ROA values indicates volatility in the company's profitability and efficiency levels. Further analysis is necessary to determine the root causes of these fluctuations and develop strategies for improvement.
Peer comparison
Dec 31, 2024