Rogers Corporation (ROG)

Return on assets (ROA)

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Net income (ttm) US$ in thousands 56,600 100,702 96,505 96,524 116,629 72,452 82,743 93,515 108,133 100,207 82,084 67,949 49,990 6,025 22,406 32,179 47,319 100,531 96,878 89,914
Total assets US$ in thousands 1,517,200 1,520,870 1,568,380 1,611,530 1,646,200 1,625,790 1,632,270 1,593,260 1,598,570 1,346,040 1,313,480 1,282,220 1,264,000 1,272,040 1,400,540 1,426,420 1,273,180 1,249,720 1,307,350 1,299,390
ROA 3.73% 6.62% 6.15% 5.99% 7.08% 4.46% 5.07% 5.87% 6.76% 7.44% 6.25% 5.30% 3.95% 0.47% 1.60% 2.26% 3.72% 8.04% 7.41% 6.92%

December 31, 2023 calculation

ROA = Net income (ttm) ÷ Total assets
= $56,600K ÷ $1,517,200K
= 3.73%

To analyze Rogers Corp.'s return on assets (ROA) based on the provided data, we observe fluctuations in ROA over the past eight quarters. ROA measures the company's ability to generate profits relative to its total assets.

- Rogers Corp.'s ROA ranged from 3.73% to 7.08% during the period.
- In Q2 and Q3 of 2023, the company experienced a significant increase in ROA compared to previous quarters.
- Q4 2022 and Q1 2023 exhibited relatively higher ROA levels compared to Q4 2023.
- The company's ROA peaked at 7.08% in Q4 2022.
- Despite some fluctuations, Rogers Corp. maintained a generally positive ROA trend over the period.

Overall, the company's ROA performance indicates varying levels of efficiency in generating profits from its assets, with the need for further analysis to understand the factors driving these fluctuations.