Par Pacific Holdings Inc (PARR)

Return on assets (ROA)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	-33,322	728,642	364,189	-81,297	-409,086
Total assets	US$ in thousands	3,829,370	3,863,950	3,280,650	2,570,250	2,133,860
ROA		-0.87%	18.86%	11.10%	-3.16%	-19.17%

December 31, 2024 calculation

ROA = Net income ÷ Total assets
= $-33,322K ÷ $3,829,370K
= -0.87%

Based on the data provided for Par Pacific Holdings Inc, the return on assets (ROA) has shown significant fluctuations over the past five years. In December 31, 2020, the ROA stood at -19.17%, indicating that for that fiscal year, the company experienced a negative return on its assets.

By December 31, 2021, there was a notable improvement as the ROA increased to -3.16%, although it remained negative. The trend continued to improve in the following years, with the ROA reaching 11.10% in December 31, 2022 and further increasing to 18.86% by December 31, 2023, showing a substantial positive return on assets during these periods.

However, there was a slight decline in performance by December 31, 2024, with the ROA dropping to -0.87%, indicating a decrease in the company's ability to generate a positive return on its total assets compared to the previous year.

Overall, the company has shown a mix of negative and positive ROA figures over the five-year period, with notable improvements in recent years. It is essential for investors and stakeholders to monitor these fluctuations closely to understand the company's profitability and efficiency in utilizing its assets effectively.