Pool Corporation (POOL)
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 | 434,325 | 448,462 | 460,604 | 500,415 | 523,229 | 543,654 | 594,847 | 668,200 | 744,711 | 780,458 | 776,087 | 730,179 | 650,624 | 602,188 | 536,621 | 434,481 | 366,738 | 325,589 | 286,016 | 259,851 |
| Total assets | US$ in thousands | 3,368,180 | 3,367,390 | 3,640,910 | 3,758,830 | 3,428,070 | 3,430,730 | 3,680,580 | 3,862,830 | 3,565,440 | 3,688,060 | 3,962,100 | 3,882,140 | 3,230,130 | 2,282,230 | 2,214,040 | 2,141,690 | 1,739,670 | 1,587,590 | 1,654,800 | 1,747,780 |
| ROA | 12.89% | 13.32% | 12.65% | 13.31% | 15.26% | 15.85% | 16.16% | 17.30% | 20.89% | 21.16% | 19.59% | 18.81% | 20.14% | 26.39% | 24.24% | 20.29% | 21.08% | 20.51% | 17.28% | 14.87% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $434,325K ÷ $3,368,180K
= 12.89%
Pool Corporation's Return on Assets (ROA) has demonstrated fluctuations over the period from March 31, 2020, to December 31, 2024. The ROA started at 14.87% in March 2020 and experienced an upward trend, reaching a peak of 26.39% in September 2021. However, from that point on, the ROA began to decline gradually, settling at 12.89% by the end of December 2024.
The ROA measures the efficiency with which the company generates profits from its assets. A higher ROA indicates better asset utilization and profitability. Pool Corporation's ROA performance suggests that the company was efficient in generating returns from its assets in the initial period but faced challenges maintaining the same level of performance in the later years.
The decline in ROA towards the end of the period may signal potential issues with asset management, profitability, or operational efficiency. Further analysis of the company's financial statements and operations would be needed to determine the underlying reasons for the fluctuating ROA and to identify areas for improvement.