Super Micro Computer Inc (SMCI)
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 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 732,378 | 612,577 | 639,998 | 587,251 | 578,377 | 444,142 | 285,163 | 183,503 | 124,959 | 110,701 | 111,865 | 91,153 | 88,532 | 84,564 | 84,308 | 89,568 | 84,407 | 78,921 | 71,918 | 61,463 |
| Total assets | US$ in thousands | 5,405,000 | 4,095,960 | 3,674,730 | 3,192,600 | 3,074,940 | 3,301,280 | 3,205,080 | 3,071,180 | 2,676,600 | 2,426,690 | 2,241,960 | 1,998,840 | 1,894,070 | 1,816,690 | 1,918,650 | 1,960,240 | 1,807,040 | 1,701,270 | 1,682,590 | 1,607,250 |
| ROA | 13.55% | 14.96% | 17.42% | 18.39% | 18.81% | 13.45% | 8.90% | 5.97% | 4.67% | 4.56% | 4.99% | 4.56% | 4.67% | 4.65% | 4.39% | 4.57% | 4.67% | 4.64% | 4.27% | 3.82% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $732,378K ÷ $5,405,000K
= 13.55%
Super Micro Computer Inc's return on assets (ROA) has been consistently increasing over the past eight quarters, reflecting improved efficiency in generating profits from its assets. The ROA has shown a positive trend, starting from 5.97% in Q3 2022 and peaking at 18.81% in Q2 2023 before slightly declining. This indicates that the company has been effectively utilizing its assets to generate profits. Overall, the upward trajectory of ROA suggests that Super Micro Computer Inc has been successful in managing its assets and generating returns for its shareholders.
Peer comparison
Dec 31, 2023
See also:
Super Micro Computer Inc Return on Assets (ROA) (Quarterly Data)