Somnigroup International Inc. (SGI)
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 | 384,300 | 389,500 | 372,800 | 359,100 | 368,100 | 392,700 | 412,100 | 410,300 | 455,700 | 529,800 | 574,500 | 624,700 | 624,500 | 593,400 | 537,400 | 419,600 | 348,800 | 250,300 | 202,200 | 220,800 |
| Total assets | US$ in thousands | 5,980,400 | 4,568,000 | 4,578,000 | 4,585,800 | 4,553,900 | 4,546,100 | 4,570,800 | 4,537,100 | 4,359,800 | 4,351,700 | 4,404,400 | 4,321,900 | 4,323,400 | 4,467,300 | 3,277,600 | 3,542,100 | 3,308,600 | 3,455,400 | 3,201,900 | 3,306,200 |
| ROA | 6.43% | 8.53% | 8.14% | 7.83% | 8.08% | 8.64% | 9.02% | 9.04% | 10.45% | 12.17% | 13.04% | 14.45% | 14.44% | 13.28% | 16.40% | 11.85% | 10.54% | 7.24% | 6.32% | 6.68% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $384,300K ÷ $5,980,400K
= 6.43%
Somnigroup International Inc.'s return on assets (ROA) has shown some fluctuations over the years, ranging from a low of 6.32% in June 2020 to a peak of 16.40% in June 2021. The ROA trend indicates an overall positive performance, as it generally increased from March 2020 to June 2021 before experiencing some decline in the subsequent periods. The company's ROA was above 10% for most of the period, reflecting a healthy profitability compared to its asset base.
It is noteworthy that the ROA decreased gradually after June 2021, stabilizing around 8% by the end of 2024. This decline may signal potential challenges in managing assets efficiently or generating sufficient profits from them. It would be advisable for Somnigroup International Inc. to assess the factors contributing to this decline and explore strategies to improve its ROA moving forward to ensure sustained profitability and operational effectiveness.
Peer comparison
Dec 31, 2024