Matson Inc (MATX)

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	476,400	410,800	331,600	299,200	297,100	312,700	458,800	758,700	1,063,900	1,380,400	1,397,600	1,179,400	927,400	618,500	406,200	276,500	193,100	123,100	88,400	74,000
Total assets	US$ in thousands	4,595,400	4,442,200	4,273,900	4,219,900	4,417,900	4,292,800	4,218,100	4,227,300	4,330,000	4,459,000	4,158,600	3,977,500	3,693,100	3,222,800	3,036,200	2,929,700	2,900,600	2,806,700	2,777,600	2,835,900
ROA		10.37%	9.25%	7.76%	7.09%	6.72%	7.28%	10.88%	17.95%	24.57%	30.96%	33.61%	29.65%	25.11%	19.19%	13.38%	9.44%	6.66%	4.39%	3.18%	2.61%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $476,400K ÷ $4,595,400K
= 10.37%

Matson Inc's return on assets (ROA) has shown a fluctuating trend over the analyzed periods. The ROA increased steadily from March 31, 2020, at 2.61%, to a peak of 33.61% on June 30, 2022. This significant improvement in ROA signifies the company's ability to generate more profit relative to its total assets.

However, after reaching its peak in June 2022, the ROA started to decline, reaching 7.09% as of March 31, 2024. Despite the decrease, Matson Inc maintained a positive ROA throughout the period, suggesting that the company is still effectively utilizing its assets to generate profits.

The ROA dropped below the peak levels but remained stable and above the initial values, indicating that the company's profitability relative to its asset base is still healthy. The overall analysis suggests that Matson Inc has efficiently managed its assets to generate profits, although there was a slight decline in performance in the later periods analyzed.