Sylvamo Corp (SLVM)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 302,000 | 253,000 | 336,000 | 331,000 | 170,000 |
| Total assets | US$ in thousands | 2,604,000 | 2,872,000 | 2,710,000 | 2,597,000 | 2,911,000 |
| ROA | 11.60% | 8.81% | 12.40% | 12.75% | 5.84% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $302,000K ÷ $2,604,000K
= 11.60%
Based on the provided data, Sylvamo Corp's Return on Assets (ROA) has displayed varying trends over the past five years.
- As of December 31, 2020, the ROA was 5.84%, indicating that for every dollar of assets, the company generated a return of 5.84 cents.
- By the end of December 31, 2021, there was a significant improvement in ROA to 12.75%, reflecting a more efficient utilization of assets to generate profits.
- In December 31, 2022, the ROA slightly decreased to 12.40%, but it still remained at a relatively high level compared to the base year.
- By December 31, 2023, the ROA dropped to 8.81%, which signifies a decrease in the company's ability to generate profits from its assets.
- As of December 31, 2024, there was a recovery in ROA to 11.60%, suggesting a partial improvement in the company's asset utilization efficiency.
Overall, Sylvamo Corp's ROA has shown volatility over the years, with fluctuations in the company's ability to generate profits relative to its total assets. It is important for the company to closely monitor and manage its asset utilization to ensure sustainable profitability in the long run.
Peer comparison
Dec 31, 2024