NXP Semiconductors NV (NXPI)

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	Dec 31, 2018
Net income (ttm)	US$ in thousands	2,797,000	2,822,000	2,773,000	2,745,000	2,787,000	2,667,000	2,448,000	2,175,000	1,871,000	1,578,000	1,037,000	426,000	52,000	-143,000	-12,000	478,000
Total assets	US$ in thousands	24,353,000	23,996,000	23,795,000	23,732,000	23,236,000	22,940,000	22,539,000	21,321,000	20,864,000	20,010,000	20,622,000	19,392,000	19,847,000	21,122,000	21,057,000	19,511,000	20,016,000	21,254,000	21,530,000
ROA		11.49%	11.76%	11.65%	11.57%	11.99%	11.63%	10.86%	10.20%	8.97%	7.89%	5.03%	2.20%	0.26%	-0.68%	-0.06%	2.45%

December 31, 2023 calculation

ROA = Net income (ttm) ÷ Total assets
= $2,797,000K ÷ $24,353,000K
= 11.49%

The return on assets (ROA) for NXP Semiconductors NV has been relatively stable and consistently above 10% over the past eight quarters. The company's ROA has ranged from 10.20% to 11.99% during this period.

Overall, the company has demonstrated a solid ability to generate profits relative to its total assets, indicating efficient asset utilization. This stability and profitability trend in ROA reflect positively on the company's operational efficiency and management of its assets. Further analysis can be conducted to assess the underlying factors contributing to these consistent ROA levels.