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.