Sensata Technologies Holding NV (ST)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 128,477 | -3,909 | 310,685 | 363,580 | 164,286 |
| Total assets | US$ in thousands | 7,143,260 | 7,680,990 | 8,756,220 | 8,613,770 | 7,844,200 |
| ROA | 1.80% | -0.05% | 3.55% | 4.22% | 2.09% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $128,477K ÷ $7,143,260K
= 1.80%
The return on assets (ROA) of Sensata Technologies Holding NV has exhibited variability over the years based on the provided data.
- As of December 31, 2020, the ROA was 2.09%, indicating that the company generated 2.09 cents of profit for every dollar of assets it possesses.
- By December 31, 2021, the ROA improved to 4.22%, signifying a significant increase in profitability relative to its asset base.
- However, in the following year, by December 31, 2022, the ROA dipped to 3.55%, although it remained relatively healthy compared to previous periods.
- A notable decline occurred by December 31, 2023, as the ROA turned negative at -0.05%, implying that the company experienced a period of losses relative to its assets.
- The trend reversed by December 31, 2024, with the ROA recovering to 1.80%, indicating a return to profitability, albeit at a lower level compared to previous years.
Overall, Sensata Technologies Holding NV's ROA has fluctuated over the years, reflecting varying levels of profitability in relation to its asset base. It is essential for the company to sustain or improve its ROA over time to ensure efficient asset utilization and sustainable financial performance.
Peer comparison
Dec 31, 2024