Schneider National Inc (SNDR)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 117,000 | 238,500 | 457,800 | 405,400 | 211,700 |
| Total assets | US$ in thousands | 4,933,700 | 4,557,200 | 4,318,200 | 3,937,300 | 3,516,200 |
| ROA | 2.37% | 5.23% | 10.60% | 10.30% | 6.02% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $117,000K ÷ $4,933,700K
= 2.37%
Schneider National Inc's return on assets (ROA) has displayed varying levels over the past five years, ranging from 2.37% to 10.6%. The trend indicates an initial increase from 6.02% in 2020 to a peak of 10.6% in 2022, before experiencing a decline in subsequent years. This decreasing trend is evident as the ROA dropped to 5.23% in 2023 and further decreased to 2.37% in 2024.
The fluctuations in ROA suggest changes in the company's efficiency in generating profits from its assets over this period. It is important to further investigate the factors contributing to these shifts, such as changes in asset management, profitability, or overall company performance, to gain a deeper understanding of Schneider National Inc's financial health and operational effectiveness.
Peer comparison
Dec 31, 2024