PACCAR Inc (PCAR)

Return on assets (ROA)

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Net income (ttm) US$ in thousands 4,162,000 4,707,300 4,963,700 5,062,200 4,600,800 4,104,800 3,645,700 3,145,000 3,011,600 2,609,000 2,220,100 1,995,200 1,865,500 1,752,600 1,757,600 1,409,800 1,298,400 1,423,900 1,646,300 2,118,300
Total assets US$ in thousands 43,418,900 43,281,800 41,176,600 40,373,600 40,823,400 38,039,500 36,867,700 34,826,400 33,275,500 30,623,600 30,588,700 30,586,100 29,509,400 27,909,900 29,012,200 28,503,400 28,450,000 27,233,700 26,406,400 27,294,700
ROA 9.59% 10.88% 12.05% 12.54% 11.27% 10.79% 9.89% 9.03% 9.05% 8.52% 7.26% 6.52% 6.32% 6.28% 6.06% 4.95% 4.56% 5.23% 6.23% 7.76%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $4,162,000K ÷ $43,418,900K
= 9.59%

PACCAR Inc's return on assets (ROA) has shown a fluctuating trend over the past few years. Starting at 7.76% on March 31, 2020, the ROA decreased to 4.56% by the end of December 2020. However, there was a gradual improvement in the ROA performance, with a slight increase to 6.32% by the end of December 2021.

From March 2022 onwards, there was a more notable improvement in ROA, reaching 12.54% by the end of March 2024. After this peak, the ROA experienced a slight decline to 9.59% by the end of December 2024.

Overall, PACCAR Inc's ROA has shown variability but generally a positive trend, with periods of improvement interspersed with slight declines. The recent performance indicates a strong ROA, reflecting the company's efficiency in generating profits relative to its total assets.