MSA Safety (MSA)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 284,967 | 58,583 | 179,630 | 21,340 | 124,077 |
| Total assets | US$ in thousands | 2,205,780 | 2,170,150 | 2,376,980 | 2,396,400 | 1,872,480 |
| ROA | 12.92% | 2.70% | 7.56% | 0.89% | 6.63% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $284,967K ÷ $2,205,780K
= 12.92%
The return on assets (ROA) of MSA Safety has shown fluctuations over the past five years, starting at 6.63% on December 31, 2020, dropping to 0.89% by December 31, 2021, and then gradually increasing to 7.56% by December 31, 2022. However, there was a slight decline in ROA to 2.70% by December 31, 2023, before experiencing a significant improvement to 12.92% by December 31, 2024. These fluctuations indicate varying levels of efficiency in utilizing the company's assets to generate profits over the years. The increasing trend from 2022 to 2024 suggests an improvement in asset management efficiency and profitability. Further analysis would be needed to understand the factors driving these changes and to assess the sustainability of the recent increase in ROA.
Peer comparison
Dec 31, 2024