National Presto Industries Inc (NPK)

Return on assets (ROA)

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 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Net income (ttm) US$ in thousands 34,559 23,573 25,481 26,662 20,699 21,766 16,968 19,576 25,654 36,355 44,364 47,729 46,958 44,741 48,992 44,491 42,220 42,304 32,286 34,905
Total assets US$ in thousands 440,536 415,969 401,805 395,879 411,847 407,443 393,982 388,514 420,398 425,909 406,535 395,231 433,170 410,678 406,320 383,659 410,253 404,272 384,558 376,541
ROA 7.84% 5.67% 6.34% 6.73% 5.03% 5.34% 4.31% 5.04% 6.10% 8.54% 10.91% 12.08% 10.84% 10.89% 12.06% 11.60% 10.29% 10.46% 8.40% 9.27%

December 31, 2023 calculation

ROA = Net income (ttm) ÷ Total assets
= $34,559K ÷ $440,536K
= 7.84%

The Return on Assets (ROA) for National Presto Industries Inc has shown some fluctuation over the past several periods. The ROA ranged from a low of 4.31% in Jun 30, 2022, to a high of 12.08% in Jun 30, 2021. Overall, the company has maintained a fairly stable performance in generating returns from its assets, with an average ROA of approximately 8.72% over the period covered. It is important to note that the ROA saw a notable increase in the most recent period to 7.84%, indicating a potentially positive trend in the company's ability to generate profits relative to its assets. Further analysis would be required to determine the factors driving these fluctuations and to assess the sustainability of the improving ROA trend.


Peer comparison

Dec 31, 2023