Louisiana-Pacific Corporation (LPX)
Return on assets (ROA)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 178,000 | 111,000 | 219,000 | 623,000 | 1,086,000 | 1,288,000 | 1,427,000 | 1,541,000 | 1,377,000 | 1,439,000 | 1,251,000 | 786,000 | 499,000 | 192,000 | 17,000 | 1,000 | -5,000 | 63,000 | 185,000 | 331,000 |
| Total assets | US$ in thousands | 2,437,000 | 2,380,000 | 2,302,000 | 2,259,000 | 2,350,000 | 2,383,000 | 2,547,000 | 2,670,000 | 2,194,000 | 2,400,000 | 2,367,000 | 2,343,000 | 2,086,000 | 1,973,000 | 1,807,000 | 2,132,000 | 1,835,000 | 2,043,000 | 2,090,000 | 2,094,300 |
| ROA | 7.30% | 4.66% | 9.51% | 27.58% | 46.21% | 54.05% | 56.03% | 57.72% | 62.76% | 59.96% | 52.85% | 33.55% | 23.92% | 9.73% | 0.94% | 0.05% | -0.27% | 3.08% | 8.85% | 15.80% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $178,000K ÷ $2,437,000K
= 7.30%
Louisiana-Pacific Corp.'s return on assets (ROA) has shown significant variability over the past eight quarters. The company's ROA ranged from a low of 4.67% in Q3 2023 to a high of 57.72% in Q1 2022.
The downward trend in ROA from Q1 2022 to Q3 2023 could be a cause for concern, as it indicates a decrease in the company's ability to generate profit from its assets during that period. However, the sudden increase in Q4 2023 to 7.30% suggests a potential improvement in the company's asset utilization and profitability.
Overall, Louisiana-Pacific Corp.'s ROA has experienced fluctuations, and it would be important to closely monitor future quarters to determine the sustainability of its recent performance and its ability to effectively utilize its assets to generate profits.
Peer comparison
Dec 31, 2023