Manhattan Associates Inc (MANH)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 218,364 | 176,568 | 128,959 | 110,472 | 87,240 |
| Total assets | US$ in thousands | 757,551 | 673,353 | 570,178 | 539,708 | 465,412 |
| ROA | 28.82% | 26.22% | 22.62% | 20.47% | 18.74% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $218,364K ÷ $757,551K
= 28.82%
Based on the data provided, Manhattan Associates Inc's return on assets (ROA) has been steadily increasing over the five-year period from December 31, 2020, to December 31, 2024. The ROA was 18.74% in 2020 and has shown an upward trend, reaching 28.82% by the end of 2024.
This improvement in ROA indicates that Manhattan Associates Inc has been utilizing its assets more efficiently to generate profits. A rising ROA signifies that the company is generating more earnings relative to its total assets, indicating better asset management and operational performance.
The consistent increase in ROA over the years reflects positively on Manhattan Associates Inc's profitability and efficiency in utilizing its assets to drive earnings growth. It suggests that the company has been able to expand its operations and improve its profitability without significantly increasing its asset base.
Overall, the rising trend in Manhattan Associates Inc's ROA demonstrates effective management of assets and operational effectiveness, which is a positive sign for investors and stakeholders.
Peer comparison
Dec 31, 2024