Mativ Holdings Inc. (MATV)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -48,700 | -310,200 | -11,800 | 88,900 | 83,800 |
| Total assets | US$ in thousands | 2,447,900 | 2,642,400 | 3,675,900 | 2,412,800 | 1,584,900 |
| ROA | -1.99% | -11.74% | -0.32% | 3.68% | 5.29% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $-48,700K ÷ $2,447,900K
= -1.99%
Based on the provided data, Mativ Holdings Inc.'s return on assets (ROA) has shown a declining trend over the past five years.
In December 2020, the ROA was 5.29%, indicating that the company was generating a profit of 5.29 cents for every dollar of assets it owned. However, by December 2024, the ROA had decreased to -1.99%, signifying that the company was experiencing losses on its assets.
The decreasing trend in ROA may suggest various issues such as deteriorating profitability, inefficiencies in asset utilization, or declining asset quality. It might be prudent for stakeholders to investigate the underlying causes of this decline in ROA and take necessary actions to improve the company's performance and financial health.
Peer comparison
Dec 31, 2024