Masco Corporation (MAS)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 822,000 | 908,000 | 844,000 | 410,000 | 1,224,000 |
| Total assets | US$ in thousands | 5,016,000 | 5,363,000 | 5,187,000 | 5,575,000 | 5,777,000 |
| ROA | 16.39% | 16.93% | 16.27% | 7.35% | 21.19% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $822,000K ÷ $5,016,000K
= 16.39%
Masco Corporation's Return on Assets (ROA) has shown fluctuations over the past five years. The ROA was 21.19% as of December 31, 2020, reflecting strong asset utilization to generate profits. However, there was a notable decrease in ROA to 7.35% as of December 31, 2021, indicating a decline in efficiency in utilizing assets to generate earnings.
Subsequently, Masco Corporation's ROA rebounded to 16.27% by December 31, 2022, suggestive of improved asset performance. This positive trend continued as the ROA further increased to 16.93% by December 31, 2023, showing continued efficiency in generating profits from its assets.
By the end of December 31, 2024, Masco Corporation maintained a solid ROA of 16.39%, indicating continued effectiveness in utilizing its assets to drive profitability. Overall, Masco Corporation has demonstrated varying levels of asset efficiency over the years, with an overall positive trend in recent periods.
Peer comparison
Dec 31, 2024