MACOM Technology Solutions Holdings Inc (MTSI)

Return on assets (ROA)

		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	Dec 31, 2019
Net income (ttm)	US$ in thousands	76,859	71,895	63,809	74,584	91,577	306,463	326,844	330,647	439,955	217,748	200,519	185,768	37,973	38,336	-1,651	-26,684	-46,078	-53,054	-352,786	-388,764
Total assets	US$ in thousands	1,755,640	1,705,210	1,676,390	1,650,800	1,553,240	1,642,710	1,617,470	1,587,710	1,571,820	1,333,070	1,286,490	1,260,120	1,134,140	1,100,110	1,068,400	1,153,680	1,146,430	1,121,130	1,112,800	1,132,210
ROA		4.38%	4.22%	3.81%	4.52%	5.90%	18.66%	20.21%	20.83%	27.99%	16.33%	15.59%	14.74%	3.35%	3.48%	-0.15%	-2.31%	-4.02%	-4.73%	-31.70%	-34.34%

September 30, 2024 calculation

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

MACOM Technology Solutions Holdings Inc has shown varying levels of return on assets (ROA) over the past few quarters. The ROA for the most recent quarter ending on September 30, 2024, stands at 4.38%, indicating that the company generated 4.38 cents of profit for every dollar of assets it owns.

Compared to the previous quarters, the ROA has been relatively stable, ranging from 3.81% to 5.90% in the past year. The significant drop in ROA in the fourth quarter of 2019 and the first quarter of 2020, with negative figures of -31.70% and -34.34% respectively, suggests that the company faced challenges during that period in generating profits from its assets effectively.

Overall, the recent ROA figures show a moderate level of profitability derived from the company's asset base. It is important for MACOM Technology Solutions Holdings Inc to sustain and potentially improve its ROA to ensure efficient asset utilization and create value for its shareholders in the long term.