Sensient Technologies Corporation (SXT)
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 | 124,666 | 88,729 | 87,582 | 90,683 | 93,394 | 128,348 | 132,853 | 137,467 | 140,887 | 138,995 | 136,859 | 124,148 | 118,745 | 116,685 | 115,683 | 120,367 | 109,472 | 67,341 | 66,302 | 70,013 |
| Total assets | US$ in thousands | 2,023,790 | 2,042,610 | 1,994,870 | 2,005,680 | 2,014,510 | 2,010,180 | 2,046,210 | 2,022,730 | 1,981,610 | 1,839,210 | 1,803,220 | 1,788,620 | 1,745,490 | 1,728,420 | 1,697,730 | 1,721,010 | 1,740,860 | 1,713,950 | 1,673,260 | 1,692,830 |
| ROA | 6.16% | 4.34% | 4.39% | 4.52% | 4.64% | 6.38% | 6.49% | 6.80% | 7.11% | 7.56% | 7.59% | 6.94% | 6.80% | 6.75% | 6.81% | 6.99% | 6.29% | 3.93% | 3.96% | 4.14% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $124,666K ÷ $2,023,790K
= 6.16%
The return on assets (ROA) for Sensient Technologies Corporation has shown a fluctuating trend over the past few years, indicating varying levels of efficiency in generating profits from its assets. Starting at 4.14% in March 2020, the ROA declined slightly to 3.96% by June 2020 and further to 3.93% by September 2020. However, there was a notable improvement in December 2020, reaching 6.29%, possibly indicating better utilization of assets to generate earnings.
Subsequently, the ROA continued on an upward trajectory, reaching its peak at 7.59% in June 2022, showcasing strong performance in asset management and profitability. However, there was a slight decline in ROA in the following quarters, settling at 6.16% by December 2024.
Overall, the trend in Sensient Technologies Corporation's ROA reflects some fluctuations but generally demonstrates an ability to generate returns from its assets, with periods of improvement and slight setbacks. This suggests a need for continued monitoring of asset efficiency and profitability to sustain and enhance overall financial performance.
Peer comparison
Dec 31, 2024