Omnicom Group Inc (OMC)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,480,600 | 1,391,400 | 1,316,500 | 1,407,800 | 945,400 |
| Total assets | US$ in thousands | 29,620,700 | 28,044,600 | 27,002,500 | 28,421,800 | 27,647,200 |
| ROA | 5.00% | 4.96% | 4.88% | 4.95% | 3.42% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $1,480,600K ÷ $29,620,700K
= 5.00%
Omnicom Group Inc's return on assets (ROA) has shown a positive trend over the past few years, increasing from 3.42% as of December 31, 2020, to 5.00% as of December 31, 2024. This indicates that the company is generating a higher level of profit relative to its total assets. The consistent improvement in ROA demonstrates the company's ability to effectively utilize its assets to generate profits. Higher ROA reflects better efficiency in managing assets to generate earnings, which can be a positive indicator of the company's operational performance and financial health.
Peer comparison
Dec 31, 2024