Service Corporation International (SCI)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 518,648 | 537,317 | 565,338 | 802,939 | 515,907 |
| Total assets | US$ in thousands | 17,379,400 | 16,355,400 | 15,066,000 | 15,691,200 | 14,515,400 |
| ROA | 2.98% | 3.29% | 3.75% | 5.12% | 3.55% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $518,648K ÷ $17,379,400K
= 2.98%
Service Corporation International's return on assets (ROA) has fluctuated over the past five years, ranging from 2.98% to 5.12%.
In December 2021, the ROA reached its highest point at 5.12%, indicating that the company generated $5.12 in earnings for every $100 of assets. This suggests that the company efficiently utilized its assets to generate profits.
However, by December 2024, the ROA decreased to 2.98%, indicating a decline in asset efficiency and profitability. This reduction may raise concerns about the company's ability to generate returns on its assets effectively.
Overall, Service Corporation International's ROA performance highlights the importance of monitoring asset utilization and profitability to assess the company's operational efficiency and financial health over time.
Peer comparison
Dec 31, 2024