Simpson Manufacturing Company Inc (SSD)
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 | 322,226 | 321,582 | 332,084 | 341,464 | 353,988 | 356,792 | 341,014 | 327,373 | 333,995 | 346,186 | 331,721 | 310,634 | 266,445 | 226,286 | 219,565 | 200,561 | 187,000 | 185,419 | 162,048 | 148,146 |
| Total assets | US$ in thousands | 2,736,170 | 2,897,460 | 2,773,360 | 2,721,950 | 2,704,720 | 2,815,490 | 2,719,350 | 2,555,630 | 2,503,970 | 2,504,260 | 2,485,470 | 2,280,350 | 1,484,120 | 1,422,070 | 1,373,970 | 1,294,730 | 1,232,570 | 1,277,860 | 1,284,500 | 1,198,250 |
| ROA | 11.78% | 11.10% | 11.97% | 12.54% | 13.09% | 12.67% | 12.54% | 12.81% | 13.34% | 13.82% | 13.35% | 13.62% | 17.95% | 15.91% | 15.98% | 15.49% | 15.17% | 14.51% | 12.62% | 12.36% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $322,226K ÷ $2,736,170K
= 11.78%
Simpson Manufacturing Company Inc's return on assets (ROA) has shown fluctuating trends over the past few years, ranging from a high of 17.95% in December 2021 to a low of 11.10% in September 2024. Generally, the company's ROA has remained above 10% during this period, indicating that it has been effectively utilizing its assets to generate profits.
The ROA increased consistently from March 2020 to December 2021, reaching its peak at the end of that year. This upward trend suggests that the company was improving its efficiency in generating profits from its asset base during this period. However, starting from March 2022, the ROA began to decline, with occasional fluctuations, indicating a potential decrease in the company's ability to generate earnings from its assets.
It is important for Simpson Manufacturing Company Inc to closely monitor its ROA to ensure that it maintains a healthy level of profitability relative to its asset base. Any sustained decline in ROA could indicate inefficiencies in asset utilization or declining profitability, signaling a need for strategic adjustments in the company's operations.
Peer comparison
Dec 31, 2024