Sylvamo Corp (SLVM)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 253,000 | 298,000 | 297,000 | 189,000 | 118,000 | 86,000 | 121,000 | |||
| Total assets | US$ in thousands | 2,872,000 | 2,785,000 | 2,823,000 | 2,798,000 | 2,710,000 | 2,797,000 | 2,741,000 | 2,709,000 | 2,597,000 | 2,737,000 |
| ROA | 8.81% | 10.70% | 10.52% | 6.75% | 4.35% | 3.07% | 4.41% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $253,000K ÷ $2,872,000K
= 8.81%
Sylvamo Corp has demonstrated an improving trend in return on assets (ROA) over the past five quarters, with values ranging from 4.35% in Q4 2022 to 10.70% in Q3 2023. The steady increase indicates the company's enhanced efficiency in generating profits relative to its total assets. This positive trend suggests that Sylvamo Corp has been effectively utilizing its assets to generate earnings, reflecting sound operational performance and potentially favorable strategic decisions. The most recent ROA of 8.81% in Q4 2023 indicates continued profitability and efficient asset management. Overall, Sylvamo Corp's increasing ROA trend signals improving financial health and operational effectiveness.
Peer comparison
Dec 31, 2023