Schneider National Inc (SNDR)

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 117,000 111,800 116,800 159,000 238,500 321,200 411,400 463,700 457,800 481,800 466,000 442,700 405,400 348,200 282,700 222,700 211,700 190,700 165,900 153,900
Total assets US$ in thousands 4,933,700 4,574,700 4,547,900 4,578,800 4,557,200 4,580,300 4,453,200 4,470,700 4,318,200 4,305,900 4,222,100 4,086,600 3,937,300 3,870,100 3,767,800 3,613,300 3,516,200 3,853,600 3,777,700 3,714,900
ROA 2.37% 2.44% 2.57% 3.47% 5.23% 7.01% 9.24% 10.37% 10.60% 11.19% 11.04% 10.83% 10.30% 9.00% 7.50% 6.16% 6.02% 4.95% 4.39% 4.14%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $117,000K ÷ $4,933,700K
= 2.37%

Schneider National Inc's return on assets (ROA) has shown a consistent upward trend from March 31, 2020, to June 30, 2022, reaching its peak at 11.19% on September 30, 2022. This indicates that the company was effectively utilizing its assets to generate profits during this period.

However, starting from December 31, 2022, the ROA began to decline, dropping to 5.23% by the end of December 31, 2023. The downward trend continued, with the ROA falling to 2.37% by December 31, 2024. This decline suggests a decrease in the company's ability to generate earnings from its assets.

Overall, Schneider National Inc's ROA exhibited a period of strong performance followed by a significant decline in later periods, indicating fluctuations in asset efficiency and profitability. Further analysis into the company's asset management and operational efficiency may be necessary to address the decreasing ROA trend in recent periods.