Littelfuse Inc (LFUS)
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 | 113,003 | 194,857 | 194,587 | 219,192 | 259,485 | 309,908 | 327,588 | 344,533 | 373,306 | 331,946 | 348,532 | 343,611 | 283,806 | 290,839 | 254,141 | 163,055 | 129,986 | 93,663 | 73,954 | 126,737 |
Total assets | US$ in thousands | 3,903,640 | 4,062,240 | 3,924,980 | 3,943,460 | 3,995,280 | 4,002,930 | 3,975,710 | 3,961,740 | 3,903,730 | 3,777,930 | 3,544,470 | 3,193,170 | 3,151,700 | 3,038,520 | 2,927,500 | 2,786,870 | 2,747,590 | 2,654,370 | 2,611,060 | 2,612,630 |
ROA | 2.89% | 4.80% | 4.96% | 5.56% | 6.49% | 7.74% | 8.24% | 8.70% | 9.56% | 8.79% | 9.83% | 10.76% | 9.00% | 9.57% | 8.68% | 5.85% | 4.73% | 3.53% | 2.83% | 4.85% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $113,003K ÷ $3,903,640K
= 2.89%
The return on assets (ROA) for Littelfuse Inc has shown fluctuations over the reporting periods, ranging from a low of 2.83% in June 2020 to a high of 10.76% in March 2022. Generally, the trend displays an initial increase from 2020 to 2022, peaking in March 2022, before gradually declining through 2024.
The ROA indicates how efficiently the company is using its assets to generate profit. A higher ROA suggests that the company is more effective in utilizing its assets to generate earnings. Littelfuse Inc's ROA performances from 2020 to 2024 demonstrate a mix of efficiency levels in utilizing its total assets for profitability, with some periods showing stronger returns than others.
To better understand the factors driving these fluctuations in ROA, further analysis of Littelfuse Inc's financial statements and business operations would be necessary. It's essential to examine various aspects such as revenue growth, cost management, asset utilization, and profitability margins to gain deeper insights into the company's overall performance.
Peer comparison
Dec 31, 2024