SPX Corp (SPXC)
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 | 200,500 | 174,900 | 104,300 | 96,100 | 89,900 | 33,600 | 66,500 | 49,600 | 18,200 | 49,000 | 366,800 | 409,600 | 425,000 | 443,600 | 136,100 | 101,300 | 97,200 | 103,600 | 102,300 | 94,400 |
| Total assets | US$ in thousands | 2,714,500 | 2,806,000 | 2,783,100 | 2,799,600 | 2,439,700 | 2,473,000 | 2,501,600 | 2,021,400 | 1,930,900 | 2,482,500 | 2,489,600 | 2,567,200 | 2,628,600 | 2,489,800 | 2,410,500 | 2,297,000 | 2,297,700 | 2,250,000 | 2,256,400 | 2,221,900 |
| ROA | 7.39% | 6.23% | 3.75% | 3.43% | 3.68% | 1.36% | 2.66% | 2.45% | 0.94% | 1.97% | 14.73% | 15.96% | 16.17% | 17.82% | 5.65% | 4.41% | 4.23% | 4.60% | 4.53% | 4.25% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $200,500K ÷ $2,714,500K
= 7.39%
SPX Corp's Return on Assets (ROA) has fluctuated over the quarters from March 2020 to December 2024, reflecting the company's efficiency in generating profits from its assets. The ROA started at 4.25% in March 2020, increased to 17.82% in September 2021, but then declined to 0.94% by December 2022. Subsequently, there was a gradual improvement in ROA to reach 7.39% by December 2024.
The varying ROA figures suggest changes in the company's profitability relative to its total assets. A higher ROA indicates that the company is better at utilizing its assets to generate earnings. Conversely, a lower ROA may signify inefficiencies in asset utilization or declining profitability. Overall, SPX Corp's ROA trend reflects a mix of challenges and successes in optimizing asset performance and profitability over the analyzed period.
Peer comparison
Dec 31, 2024