Insight Enterprises Inc (NSIT)
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 | 281,309 | 268,178 | 265,247 | 273,949 | 280,608 | 265,264 | 263,431 | 232,808 | 219,345 | 210,600 | 194,023 | 181,847 | 172,640 | 162,202 | 150,428 | 154,041 | 159,407 | 163,498 | 168,520 | 170,001 |
| Total assets | US$ in thousands | 6,286,350 | 5,078,220 | 5,542,330 | 4,960,530 | 5,112,580 | 4,997,710 | 5,604,320 | 4,849,790 | 4,689,080 | 4,435,380 | 4,667,050 | 4,254,610 | 4,310,730 | 3,827,310 | 4,341,480 | 4,057,020 | 4,178,180 | 3,982,360 | 3,286,000 | 2,756,470 |
| ROA | 4.47% | 5.28% | 4.79% | 5.52% | 5.49% | 5.31% | 4.70% | 4.80% | 4.68% | 4.75% | 4.16% | 4.27% | 4.00% | 4.24% | 3.46% | 3.80% | 3.82% | 4.11% | 5.13% | 6.17% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $281,309K ÷ $6,286,350K
= 4.47%
Insight Enterprises Inc.'s return on assets (ROA) for the past eight quarters has shown fluctuations. In Q4 2023, the ROA was 4.47%, which was comparatively lower than the previous quarter but remained consistent with the ROA levels seen in earlier quarters. The ROA increased to 5.28% in Q3 2023 before slightly declining to 4.79% in Q2 2023. It then rebounded to 5.52% in Q1 2023, showing a significant improvement from the previous quarter.
Comparing the ROA of Q4 2023 to the same period in the previous year, there was a slight decrease from 5.49% in Q4 2022. The ROA trend in the remaining quarters of 2022 and 2021 fluctuated within a fairly close range, with the highest being 5.31% in Q3 2022 and the lowest at 4.70% in Q2 2022.
Overall, Insight Enterprises Inc.'s ROA has displayed variability over the examined period. Investors and analysts may want to further investigate the factors influencing these fluctuations to assess the company's efficiency in generating earnings from its assets.
Peer comparison
Dec 31, 2023