Gibraltar Industries Inc (ROCK)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 137,340 | 110,533 | 82,406 | 75,629 | 64,566 |
| Total assets | US$ in thousands | 1,419,410 | 1,256,450 | 1,210,610 | 1,214,900 | 1,212,490 |
| ROA | 9.68% | 8.80% | 6.81% | 6.23% | 5.33% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $137,340K ÷ $1,419,410K
= 9.68%
Gibraltar Industries Inc's return on assets (ROA) has shown a positive trend over the years, starting at 5.33% on December 31, 2020, and increasing consistently to reach 9.68% on December 31, 2024. This indicates that the company's ability to generate profits from its assets has been steadily improving. A rising ROA suggests that the company is becoming more efficient in utilizing its assets to generate earnings. Overall, the increasing trend in ROA demonstrates Gibraltar Industries Inc's improving operational efficiency and profitability over the analyzed period.
Peer comparison
Dec 31, 2024
Company name
Symbol
ROA
Gibraltar Industries Inc
ROCK
9.68%
Insteel Industries Inc
IIIN
4.57%
Worthington Industries Inc
WOR
7.03%
Worthington Steel Inc
WS
8.29%