Service Corporation International (SCI)
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 | 518,648 | 505,689 | 509,833 | 523,855 | 537,317 | 491,227 | 490,106 | 490,588 | 565,338 | 679,533 | 768,538 | 793,573 | 802,939 | 797,482 | 715,042 | 662,845 | 515,907 | 462,016 | 405,393 | 372,214 |
| Total assets | US$ in thousands | 17,379,400 | 17,406,400 | 16,780,800 | 16,695,100 | 16,355,400 | 15,683,100 | 15,678,600 | 15,343,900 | 15,066,000 | 14,491,500 | 14,702,000 | 15,457,100 | 15,691,200 | 15,370,200 | 15,344,400 | 14,788,300 | 14,515,400 | 13,787,100 | 13,487,900 | 12,715,300 |
| ROA | 2.98% | 2.91% | 3.04% | 3.14% | 3.29% | 3.13% | 3.13% | 3.20% | 3.75% | 4.69% | 5.23% | 5.13% | 5.12% | 5.19% | 4.66% | 4.48% | 3.55% | 3.35% | 3.01% | 2.93% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $518,648K ÷ $17,379,400K
= 2.98%
Service Corporation International's return on assets (ROA) has shown a generally increasing trend from March 31, 2020, to June 30, 2022, peaking at 5.23%. This indicates that the company was effectively utilizing its assets to generate profits during this period.
However, from September 30, 2022, to December 31, 2024, there was a decline in ROA, dropping to 2.98% by the end of the period. This could suggest potential issues with asset utilization efficiency or a decrease in profitability relative to the size of the company's asset base.
Overall, Service Corporation International's ROA performance fluctuated over the analyzed period, with a peak in mid-2022 followed by a gradual decline. It would be important for stakeholders to closely monitor the company's asset management strategies and profitability to ensure long-term sustainable growth.
Peer comparison
Dec 31, 2024