Sotera Health Co (SHC)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 44,398 | 51,376 | -233,570 | 116,882 | -37,491 |
| Total assets | US$ in thousands | 3,071,650 | 3,130,420 | 3,117,700 | 2,789,500 | 2,761,280 |
| ROA | 1.45% | 1.64% | -7.49% | 4.19% | -1.36% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $44,398K ÷ $3,071,650K
= 1.45%
Based on the provided data, Sotera Health Co's return on assets (ROA) has shown fluctuations over the years.
- As of December 31, 2020, the ROA was negative at -1.36%, indicating that the company generated a lower return relative to its total assets during that period.
- By December 31, 2021, the ROA improved significantly to 4.19%, indicating a more efficient utilization of assets to generate profit.
- However, the performance dipped by December 31, 2022, with an ROA of -7.49%, suggesting a decline in profitability relative to the assets employed.
- The trend reversed by December 31, 2023, with an ROA of 1.64%, indicating a modest improvement in profitability efficiency.
- The most recent data point, as of December 31, 2024, shows an ROA of 1.45%, suggesting a relatively stable performance in terms of asset utilization for generating returns.
Overall, Sotera Health Co's ROA has shown fluctuations, indicating varying levels of efficiency in generating profits from its assets over the years. It may be beneficial for stakeholders to further analyze the reasons behind these fluctuations to assess the company's asset management strategies and profitability prospects.
Peer comparison
Dec 31, 2024