Insight Enterprises Inc (NSIT)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 249,691 | 281,309 | 280,608 | 219,345 | 172,640 |
| Total assets | US$ in thousands | 6,380,310 | 6,286,350 | 5,112,580 | 4,689,080 | 4,310,730 |
| ROA | 3.91% | 4.47% | 5.49% | 4.68% | 4.00% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $249,691K ÷ $6,380,310K
= 3.91%
Insight Enterprises Inc's return on assets (ROA) has shown a fluctuating trend over the past five years. Starting at 4.00% on December 31, 2020, the ROA increased to 5.49% by December 31, 2022, indicating an improvement in the company's ability to generate profits from its assets. However, there was a slight decline to 4.47% by December 31, 2023, and further down to 3.91% by December 31, 2024.
Overall, although there were variations in the ROA, the company has maintained an ROA above 4% in most years, showcasing efficiency in utilizing its assets to generate earnings. It is important for Insight Enterprises Inc to monitor and analyze the factors contributing to these fluctuations in ROA to ensure sustained profitability and effective asset utilization in the future.
Peer comparison
Dec 31, 2024