Masco Corporation (MAS)
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 | 822,000 | 831,000 | 913,000 | 918,000 | 908,000 | 832,000 | 801,000 | 816,000 | 844,000 | 861,000 | 863,000 | 549,000 | 410,000 | 473,000 | 528,000 | 788,000 | 1,224,000 | 1,482,000 | 1,333,000 | 1,349,000 |
| Total assets | US$ in thousands | 5,016,000 | 5,296,000 | 5,365,000 | 5,336,000 | 5,363,000 | 5,371,000 | 5,308,000 | 5,430,000 | 5,187,000 | 5,417,000 | 5,467,000 | 5,568,000 | 5,575,000 | 5,595,000 | 5,423,000 | 5,574,000 | 5,777,000 | 5,575,000 | 5,302,000 | 4,840,000 |
| ROA | 16.39% | 15.69% | 17.02% | 17.20% | 16.93% | 15.49% | 15.09% | 15.03% | 16.27% | 15.89% | 15.79% | 9.86% | 7.35% | 8.45% | 9.74% | 14.14% | 21.19% | 26.58% | 25.14% | 27.87% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $822,000K ÷ $5,016,000K
= 16.39%
The return on assets (ROA) for Masco Corporation has shown fluctuations over the period from March 31, 2020, to December 31, 2024.
The ROA started strong at 27.87% in March 2020, indicating that the company generated significant profit relative to its total assets. This trend continued with ROA figures above 20% until December 31, 2020, where it was 21.19%.
However, there was a notable decline in ROA starting from March 31, 2021, when it dropped to 14.14%. This decline continued through June 30, 2021 (9.74%) and September 30, 2021 (8.45%), reflecting potential challenges in generating profits relative to assets during this period.
The company's ROA started to recover gradually from the low of 7.35% on December 31, 2021. Over the next few quarters, the ROA improved, reaching 16.39% by December 31, 2024. This upward trend suggests that Masco Corporation was able to enhance its profitability relative to its asset base.
Overall, the analysis of Masco Corporation's ROA indicates periods of both strong performance and challenges in generating profits from its assets. It is essential for investors and stakeholders to consider the company's ability to effectively utilize its assets to generate returns when evaluating its financial health.
Peer comparison
Dec 31, 2024