Schrodinger Inc (SDGR)

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	-187,123	-177,577	-201,465	-143,140	40,720	44,182	66,350	14,398	-149,189	-152,694	-147,845	-134,815	-100,393	-80,819	-41,960	-10,666	-24,463	-20,093	-35,453	-32,603
Total assets	US$ in thousands	823,226	669,296	688,371	737,762	802,955	794,148	841,566	838,773	688,587	661,985	687,880	719,537	756,487	762,617	717,334	744,189	746,263	680,116	349,551	349,872
ROA		-22.73%	-26.53%	-29.27%	-19.40%	5.07%	5.56%	7.88%	1.72%	-21.67%	-23.07%	-21.49%	-18.74%	-13.27%	-10.60%	-5.85%	-1.43%	-3.28%	-2.95%	-10.14%	-9.32%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $-187,123K ÷ $823,226K
= -22.73%

Schrodinger Inc's return on assets (ROA) has exhibited significant fluctuations over the periods analyzed. The ROA started with negative values in March 2020 and continued to decline until June 2022, reaching its lowest point at -29.27%. This downward trend indicates decreasing efficiency in generating profits relative to the company's assets during this period.

However, there was a notable turnaround in the company's performance from March 2023 onwards, with the ROA turning positive. The ROA saw a substantial increase to 7.88% in June 2023, suggesting improved profitability relative to the company's asset base. This positive trend continued until December 2023, albeit with some minor fluctuations.

Nonetheless, the ROA experienced another downturn in the subsequent periods, decreasing to -22.73% by December 2024. This decline may indicate challenges in efficiently utilizing the company's assets to generate returns during this period.

Overall, the analysis of Schrodinger Inc's ROA highlights a mix of negative and positive performance trends, underscoring the importance of closely monitoring the company's asset utilization efficiency and profitability over time.