NXP Semiconductors NV (NXPI)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,510,000 | 2,797,000 | 2,787,000 | 1,871,000 | 84,000 |
| Total assets | US$ in thousands | 24,385,000 | 24,353,000 | 23,236,000 | 20,864,000 | 19,847,000 |
| ROA | 10.29% | 11.49% | 11.99% | 8.97% | 0.42% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $2,510,000K ÷ $24,385,000K
= 10.29%
NXP Semiconductors NV has displayed a noteworthy upward trend in its Return on Assets (ROA) over the past five years. Starting from a humble 0.42% on December 31, 2020, the company significantly improved its performance, achieving a remarkable ROA of 10.29% by December 31, 2024. This indicates that the company has efficiently utilized its assets to generate profits for its shareholders.
The consistent increase in ROA reflects the company's effectiveness in managing its assets and generating earnings from them. It signals positive growth prospects and operational efficiency within NXP Semiconductors NV. However, it would be prudent to further investigate the factors contributing to this improvement to ensure sustainability and continued success in the future.
Peer comparison
Dec 31, 2024