Sylvamo Corp (SLVM)
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 302,000 | 270,000 | 233,000 | 199,000 | 253,000 | 298,000 | 349,000 | 241,000 | 170,000 | 138,000 | 121,000 | 295,000 | 331,000 | 334,000 | 293,000 | 205,000 | 170,000 |
Total assets | US$ in thousands | 2,604,000 | 2,861,000 | 2,691,000 | 2,797,000 | 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 | 3,109,000 | — | 2,911,000 |
ROA | 11.60% | 9.44% | 8.66% | 7.11% | 8.81% | 10.70% | 12.36% | 8.61% | 6.27% | 4.93% | 4.41% | 10.89% | 12.75% | 12.20% | 9.42% | — | 5.84% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $302,000K ÷ $2,604,000K
= 11.60%
Sylvamo Corp's Return on Assets (ROA) has shown fluctuations over the given time period, ranging from a low of 4.41% on June 30, 2022, to a high of 12.75% on December 31, 2021.
The ROA indicates the company's ability to generate profit from its assets. An increasing trend in ROA is generally viewed positively as it indicates efficient asset utilization.
Sylvamo Corp experienced a significant improvement in ROA from September 30, 2021, to December 31, 2021, suggesting better profitability relative to its asset base during that period.
Despite some fluctuations, the overall trend in the latter part of the data set shows relatively consistent and moderate ROA percentages, indicating stable and efficient asset management.
It would be important for stakeholders to further analyze the factors contributing to the fluctuations in ROA to assess the overall financial health and performance of Sylvamo Corp.
Peer comparison
Dec 31, 2024