Qorvo Inc (QRVO)

Return on assets (ROA)

Mar 31, 2025 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
Net income (ttm) US$ in thousands 55,615 26,985 -141,224 -26,328 -70,322 -211,473 -100,466 -9,312 103,152 453,843 686,037 816,611 1,033,353 1,119,815 1,104,587 922,315 733,611 485,264 445,585 391,706
Total assets US$ in thousands 5,933,130 5,963,100 6,503,080 6,447,300 6,554,640 6,699,390 6,718,520 6,686,590 6,691,900 7,076,220 7,374,730 7,330,520 7,509,070 7,626,580 7,576,460 7,271,860 7,221,470 7,041,380 7,824,420 6,882,690
ROA 0.94% 0.45% -2.17% -0.41% -1.07% -3.16% -1.50% -0.14% 1.54% 6.41% 9.30% 11.14% 13.76% 14.68% 14.58% 12.68% 10.16% 6.89% 5.69% 5.69%

March 31, 2025 calculation

ROA = Net income (ttm) ÷ Total assets
= $55,615K ÷ $5,933,130K
= 0.94%

Qorvo Inc's return on assets (ROA) has shown fluctuations over the reported periods. The ROA started at 5.69% in June 30, 2020, and gradually increased to peak at 14.68% by December 31, 2021. Subsequently, the ROA experienced a decline, reaching 0.94% as of March 31, 2025. Overall, the trend indicates a mixed performance in generating profit from its assets over the reviewed periods. Additional analysis and comparison with industry benchmarks may provide more insights into the company's efficiency in utilizing its assets to generate profits.