Manhattan Associates Inc (MANH)

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 218,364 219,084 204,724 191,578 176,568 165,700 145,953 137,158 128,959 111,673 118,653 118,421 110,472 110,430 98,742 87,353 87,240 83,458 85,599 87,320
Total assets US$ in thousands 757,551 698,140 665,312 674,762 673,353 572,995 526,994 530,843 570,178 514,719 514,289 511,754 539,708 514,283 474,997 458,528 465,412 416,981 380,389 348,044
ROA 28.82% 31.38% 30.77% 28.39% 26.22% 28.92% 27.70% 25.84% 22.62% 21.70% 23.07% 23.14% 20.47% 21.47% 20.79% 19.05% 18.74% 20.01% 22.50% 25.09%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $218,364K ÷ $757,551K
= 28.82%

Manhattan Associates Inc has shown a consistently strong performance in terms of return on assets (ROA) over the past few years. The ROA has been above 20% for most quarters, indicating efficient utilization of its assets to generate profits.

From March 31, 2020, to December 31, 2024, the ROA ranged from 18.74% to 31.38%. The company experienced a peak in ROA of 31.38% on September 30, 2024, demonstrating a high level of profitability relative to its asset base.

Overall, Manhattan Associates Inc's ROA trended upward from 25.09% on March 31, 2020, to 28.82% on December 31, 2024, with some fluctuations along the way. This consistent performance indicates effective management of assets to generate earnings, which is a positive indicator for the company's financial health and operational efficiency.