Rogers Corporation (ROG)
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 | 26,100 | 49,806 | 58,141 | 67,941 | 56,636 | 100,738 | 96,541 | 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 |
| Total assets | US$ in thousands | 1,481,100 | 1,540,000 | 1,487,100 | 1,488,000 | 1,517,200 | 1,520,870 | 1,568,380 | 1,611,530 | 1,646,210 | 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 |
| ROA | 1.76% | 3.23% | 3.91% | 4.57% | 3.73% | 6.62% | 6.16% | 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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $26,100K ÷ $1,481,100K
= 1.76%
Rogers Corporation's Return on Assets (ROA) has exhibited fluctuations over the periods provided. The ROA started at a level of 2.26% as of March 31, 2020, then decreased to 1.60% by June 30, 2020. Subsequently, there was a notable decline to 0.47% by September 30, 2020, indicating potential challenges in asset utilization or profitability during that period.
However, the company's ROA showed a significant improvement, reaching 3.95% by December 31, 2020, and continued to rise steadily in the following quarters. The ROA reached its peak at 7.44% by September 30, 2021, suggesting enhanced efficiency in generating profits from its assets.
Although there were minor fluctuations in the ROA values in the subsequent periods, the metric remained relatively stable above 5% for most of the time, with a slight decrease to 3.73% by December 31, 2023. The ROA further declined to 1.76% by December 31, 2024, indicating a potential decrease in profitability relative to the assets held by the company at the end of the period.
Overall, the analysis of Rogers Corporation's ROA reveals both positive and challenging trends in asset utilization and profitability over the period, reflecting variations in the company's operational efficiency and financial performance.
Peer comparison
Dec 31, 2024