MACOM Technology Solutions Holdings Inc (MTSI)

Return on assets (ROA)

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Net income	US$ in thousands	76,859	91,577	439,955	37,973	-46,078
Total assets	US$ in thousands	1,755,640	1,553,240	1,571,820	1,134,140	1,146,430
ROA		4.38%	5.90%	27.99%	3.35%	-4.02%

September 30, 2024 calculation

ROA = Net income ÷ Total assets
= $76,859K ÷ $1,755,640K
= 4.38%

MACOM Technology Solutions Holdings Inc's return on assets (ROA) has fluctuated over the past five years. In 2024, the ROA stands at 4.38%, showing a decrease compared to the previous year's 5.90%. The ROA was notably high in 2022 at 27.99%, signifying strong asset utilization efficiency that year. However, in 2021, the ROA dropped to 3.35%, indicating a decrease in profitability generated from the company's assets. The ROA was negative in 2020 at -4.02%, highlighting inefficiency in asset utilization leading to a net loss. Overall, the trend in ROA suggests varying levels of effectiveness in generating profits from the company's assets over the years analyzed.