Super Micro Computer Inc (SMCI)

Return on assets (ROA)

		Jun 30, 2025	Mar 31, 2025	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
Net income (ttm)	US$ in thousands	1,048,854	1,150,944	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
Total assets	US$ in thousands	14,018,400	10,738,500	9,728,350	10,851,400	9,943,240	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
ROA		7.48%	10.72%	14.85%	13.09%	11.59%	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%

June 30, 2025 calculation

ROA = Net income (ttm) ÷ Total assets
= $1,048,854K ÷ $14,018,400K
= 7.48%

Super Micro Computer Inc.'s return on assets (ROA) has demonstrated significant fluctuations over the analyzed period from September 2020 to June 2025. Initially, the ROA remained relatively stable around 4.65% to 4.99% throughout late 2020 and early 2021, indicating consistent asset efficiency during that period.

Starting in March 2022, a notable upward trend in ROA is observed, rising sharply from 5.97% to reach approximately 8.90% by June 2022. This increase accelerates markedly in late 2022, with the ROA climbing to 13.45% in September and further to 18.81% by the end of the year. The substantial improvement suggests enhanced asset utilization or increased profitability relative to assets in that period.

In 2023, the ROA remains relatively high, with values around 18.39% in March, slightly decreasing to 17.42% by June. A decline is observed toward the end of 2023, with the ROA falling to 14.96% in September and 13.55% in December.

The beginning of 2024 exhibits a further decrease, with ROA declining to 11.84% in March and marginally decreasing again in June. During the second half of 2024, the ROA shows signs of recovery, rising to 13.09% in September and 14.85% by December.

In early 2025, a decline resumes, with the ROA decreasing to 10.72% in March and reaching 7.48% by June 2025. Overall, the trend indicates periods of significant improvement, notably during 2022, followed by a gradual decline into 2025, reflecting variations in asset profitability and overall operational efficiency over the analyzed timeframe.