ScanSource Inc (SCSC)
Return on assets (ROA)
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 71,548 | 67,554 | 62,929 | 78,602 | 77,060 | 79,776 | 88,191 | 81,199 | 89,809 | 90,944 | 93,249 | 90,767 | 88,798 | 92,561 | 82,133 | 44,687 | 10,795 | -230,177 | -241,562 | -216,002 |
| Total assets | US$ in thousands | 1,785,610 | 1,725,210 | 1,702,530 | 1,786,510 | 1,797,980 | 1,782,990 | 1,780,800 | 1,898,540 | 2,068,170 | 1,980,380 | 2,130,530 | 2,000,310 | 1,937,430 | 1,840,800 | 1,770,870 | 1,697,350 | 1,671,680 | 1,582,620 | 1,597,120 | 1,733,340 |
| ROA | 4.01% | 3.92% | 3.70% | 4.40% | 4.29% | 4.47% | 4.95% | 4.28% | 4.34% | 4.59% | 4.38% | 4.54% | 4.58% | 5.03% | 4.64% | 2.63% | 0.65% | -14.54% | -15.12% | -12.46% |
June 30, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $71,548K ÷ $1,785,610K
= 4.01%
The analysis of ScanSource Inc's Return on Assets (ROA) over the specified period reveals notable fluctuations and trends. During the fiscal year ending September 30, 2020, the ROA was negative at -12.46%, indicating that the company was generating losses relative to its total assets. This negative performance persisted into December 2020 with an ROA of -15.12%, suggesting ongoing inefficiencies or challenging market conditions during that period.
By the end of March 2021, the ROA remained negative at -14.54%, but there was a discernible improvement approaching the subsequent quarter, which marked a significant turnaround. The quarter ending June 30, 2021, saw the ROA shift into positive territory at 0.65%, signaling a move towards profitability. The positive trend persisted through the rest of 2021, as the ROA strengthened to 2.63% in September and increased further to 4.64% by the end of December.
Throughout 2022, the ROA remained relatively steady, fluctuating slightly around the 4% mark: 5.03% in March, 4.58% in June, and maintaining similar levels in the subsequent quarters—4.54% in September and 4.38% in December. These figures suggest that the company established a stable, albeit modest, profitability relative to its assets.
In 2023, the ROA continued to hover around the 4.5% range, with minor fluctuations. The first quarter registered at 4.59%, followed by a slight decrease to 4.34% in June, and further to 4.28% in September. The year concluded with a slight uptick to 4.95% in December. Moving into 2024, the ROA showed minimal variation at 4.47% in March, then marginally declined to 4.29% in June, with a slight rebound to 4.40% in September.
Projected figures for late 2024 and 2025 indicate some variation, with the ROA decreasing to around 3.7% in December 2024 and 3.92% in March 2025, followed by a slight recovery to approximately 4.01% in June 2025. Overall, the data demonstrates a significant recovery from negative returns in 2020 to a stable, moderate positive ROA that persisted through 2021 and 2022, with minor fluctuations thereafter.
The trend suggests that ScanSource Inc has transitioned from periods of operational losses to establishing a consistent, albeit modest, return on its assets. The stability in ROA across recent quarters may reflect ongoing efforts to optimize asset utilization and operational efficiency, although the figures do not indicate substantial growth in asset efficiency or profitability margins during the analyzed period.