Mister Car Wash, Inc. Common Stock (MCW)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 70,239 | 73,447 | 70,590 | 75,631 | 80,130 | 85,509 | 90,021 | 98,548 | 112,900 | 131,449 | 134,818 | -11,141 | -22,045 | -17,922 | -25,419 | 76,127 | 60,403 |
| Total assets | US$ in thousands | 3,101,800 | 3,045,870 | 2,973,150 | 2,925,260 | 2,881,540 | 2,859,670 | 2,830,560 | 2,717,340 | 2,686,230 | 2,631,490 | 2,560,960 | 2,502,880 | 2,448,100 | 2,079,570 | 2,043,530 | 1,977,570 | 1,948,450 |
| ROA | 2.26% | 2.41% | 2.37% | 2.59% | 2.78% | 2.99% | 3.18% | 3.63% | 4.20% | 5.00% | 5.26% | -0.45% | -0.90% | -0.86% | -1.24% | 3.85% | 3.10% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $70,239K ÷ $3,101,800K
= 2.26%
The return on assets (ROA) for Mister Car Wash, Inc. Common Stock has shown some fluctuations over the past few quarters. As of December 31, 2020, the ROA was 3.10%, which increased to 3.85% by March 31, 2021. However, there was a significant decline in the ROA to -1.24% by June 30, 2021, and continued to decrease to -0.86% by September 30, 2021, and further to -0.90% by December 31, 2021.
From March 31, 2022, there was a gradual improvement in the ROA, reaching 5.26% by June 30, 2022. The positive trend continued with slight fluctuations, with the ROA at 4.20% by December 31, 2022. Subsequently, the ROA saw a slight decrease to 3.63% by March 31, 2023, and further declined to 2.26% by December 31, 2024.
Overall, the ROA for Mister Car Wash, Inc. Common Stock has shown a mix of positive and negative movements, indicating fluctuations in the company's efficiency in generating profits from its assets over the analyzed period. It is crucial for investors and stakeholders to monitor these trends to assess the company's operational performance and financial health.
Peer comparison
Dec 31, 2024