Koppers Holdings Inc (KOP)
Return on assets (ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 52,400 | 89,200 | 63,400 | 85,200 | 89,100 |
Total assets | US$ in thousands | 1,890,200 | 1,835,500 | 1,711,400 | 1,661,900 | 1,598,600 |
ROA | 2.77% | 4.86% | 3.70% | 5.13% | 5.57% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $52,400K ÷ $1,890,200K
= 2.77%
The return on assets (ROA) of Koppers Holdings Inc has shown a downward trend over the past five years. Starting at 5.57% on December 31, 2020, the ROA decreased to 5.13% by December 31, 2021 and further declined to 3.70% by December 31, 2022. However, there was a slight improvement as the ROA increased to 4.86% by December 31, 2023, before dropping again to 2.77% by December 31, 2024.
This declining trend in ROA indicates that Koppers Holdings Inc may be facing challenges in generating profits from its assets efficiently. It is important for the company to closely monitor and address the factors contributing to this decline, such as operational inefficiencies or declining asset quality, in order to improve its overall profitability and financial performance.
Peer comparison
Dec 31, 2024