Super Micro Computer Inc (SMCI)
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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 1,444,626 | 1,419,998 | 1,152,666 | 1,048,991 | 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 |
Total assets | US$ in thousands | 9,728,350 | 10,851,400 | 9,826,090 | 8,862,780 | 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 |
ROA | 14.85% | 13.09% | 11.73% | 11.84% | 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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $1,444,626K ÷ $9,728,350K
= 14.85%
Super Micro Computer Inc's Return on Assets (ROA) is a key financial metric that indicates the company's efficiency in generating profit from its resources. ROA is calculated by dividing net income by average total assets.
Based on the provided data, Super Micro Computer Inc's ROA has shown fluctuations over the past few years. From March 2020 to December 2023, the ROA ranged between 4.39% and 18.81%, with some periods of increase and decrease. Notably, there was a significant improvement in ROA from March 2022 to December 2024, where it increased from 5.97% to 14.85%.
The increasing trend from March 2022 to December 2024 indicates that Super Micro Computer Inc has been effectively utilizing its assets to generate higher profits. However, the decreasing trend in ROA from September 2020 to June 2021 and September 2023 to December 2023 suggests some periods of lower profitability relative to total assets.
Overall, the upward trend in ROA from March 2022 to December 2024 is a positive indicator of the company's operational efficiency and profitability. Investors and stakeholders may view this improvement as a favorable sign of the company's ability to generate returns on its assets. It would be important to monitor the company's ROA in future periods to assess its ongoing financial performance.
Peer comparison
Dec 31, 2024
See also:
Super Micro Computer Inc Return on Assets (ROA) (Quarterly Data)