Matson Inc (MATX)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 476,400 | 297,100 | 1,063,900 | 927,400 | 193,100 |
| Total assets | US$ in thousands | 4,595,400 | 4,294,600 | 4,330,000 | 3,693,100 | 2,900,600 |
| ROA | 10.37% | 6.92% | 24.57% | 25.11% | 6.66% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $476,400K ÷ $4,595,400K
= 10.37%
In analyzing Matson Inc's return on assets (ROA) over the five-year period from December 31, 2020, to December 31, 2024, we observed the following trend:
- In December 2020, the ROA stood at 6.66%, indicating that the company generated $0.0666 in net income for every dollar of assets it held.
- The ROA experienced a significant increase to 25.11% by December 2021, suggesting that the company became more efficient in generating profits from its assets.
- By December 2022, the ROA remained strong at 24.57%, indicating sustained profitability relative to the assets employed.
- However, there was a notable decrease in ROA to 6.92% by December 2023, signaling a potential decline in asset efficiency and profitability.
- In December 2024, the ROA rebounded to 10.37%, showing an improvement in the company's ability to generate returns on its assets compared to the previous year.
Overall, the fluctuation in Matson Inc's ROA over the five-year period suggests varying levels of asset utilization and profitability. It is essential for the company to closely monitor and manage its asset efficiency to ensure sustainable financial performance in the future.
Peer comparison
Dec 31, 2024