Insperity Inc (NSP)
Return on assets (ROA)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 171,382 | 179,350 | 124,080 | 138,237 | 151,099 |
| Total assets | US$ in thousands | 2,119,660 | 2,039,260 | 1,753,080 | 1,584,280 | 1,395,000 |
| ROA | 8.09% | 8.79% | 7.08% | 8.73% | 10.83% |
December 31, 2023 calculation
ROA = Net income ÷ Total assets
= $171,382K ÷ $2,119,660K
= 8.09%
Insperity Inc's return on assets (ROA) has fluctuated over the past five years. The company's ROA was 8.09% in 2023, slightly lower than the previous year's 8.79%. The ROA in 2021 was 7.07%, showing a decrease from 2020 when it was 8.68%. The highest ROA of the past five years was recorded in 2019 at 10.71%.
Overall, the trend in Insperity Inc's ROA indicates some variability, with the company experiencing fluctuations in its ability to generate profit from its assets efficiently. Further analysis of the company's operational performance and asset management strategies may be necessary to understand the factors contributing to these fluctuations in ROA.
Peer comparison
Dec 31, 2023