Materion Corporation (MTRN)
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 | 5,888 | 74,207 | 78,477 | 83,523 | 95,702 | 104,998 | 98,386 | 97,559 | 85,990 | 76,909 | 75,113 | 69,726 | 72,474 | 60,857 | 48,172 | 36,107 | 15,462 | 21,742 | 20,793 | 32,383 |
| Total assets | US$ in thousands | 1,697,630 | 1,857,020 | 1,803,880 | 1,805,180 | 1,762,730 | 1,748,600 | 1,737,710 | 1,717,980 | 1,691,980 | 1,702,320 | 1,703,110 | 1,666,910 | 1,607,480 | 1,182,660 | 1,141,500 | 1,098,270 | 1,057,860 | 1,084,810 | 1,041,220 | 846,076 |
| ROA | 0.35% | 4.00% | 4.35% | 4.63% | 5.43% | 6.00% | 5.66% | 5.68% | 5.08% | 4.52% | 4.41% | 4.18% | 4.51% | 5.15% | 4.22% | 3.29% | 1.46% | 2.00% | 2.00% | 3.83% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $5,888K ÷ $1,697,630K
= 0.35%
Materion Corporation's Return on Assets (ROA) shows the company's ability to generate profit from its assets. Looking at the historical data provided, the ROA fluctuated over the quarters.
The ROA started at 3.83% on March 31, 2020, indicating that Materion Corporation generated $3.83 in profit for every $100 in assets. The ratio declined to 1.46% by December 31, 2020, gradually increased to 5.15% by September 30, 2021, and then decreased again. The ROA improved to reach its peak at 6.00% on September 30, 2023, suggesting that the company efficiently utilized its assets to generate profit. However, it dropped to 0.35% by December 31, 2024, which is a significant decrease compared to previous periods.
The fluctuation in ROA could indicate changes in the company's financial performance, asset management efficiency, profitability, or a combination of these factors. It's essential for Materion Corporation to analyze the reasons behind these fluctuations and take necessary measures to maintain or improve its ROA for sustained financial health and performance.