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.
Peer comparison
Dec 31, 2024