Synaptics Incorporated (SYNA)

Return on assets (ROA)

Jun 30, 2025 Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021
Net income US$ in thousands -47,800 125,600 73,600 257,500 79,600
Total assets US$ in thousands 2,584,400 2,825,000 2,611,400 2,858,100 2,226,800
ROA -1.85% 4.45% 2.82% 9.01% 3.57%

June 30, 2025 calculation

ROA = Net income ÷ Total assets
= $-47,800K ÷ $2,584,400K
= -1.85%

The analysis of Synaptics Incorporated's return on assets (ROA) over the specified period reveals notable fluctuations. On June 30, 2021, the ROA stood at 3.57%, indicating a modest level of efficiency in generating net income from total assets during that fiscal year. Moving into the subsequent year, June 30, 2022, the ROA experienced a significant improvement, increasing to 9.01%, which suggests enhanced profitability relative to the company’s asset base. This improvement reflects a period of stronger operational performance or better utilization of assets.

However, by June 30, 2023, the ROA declined sharply to 2.82%, falling considerably below the peak observed in 2022 and indicating a reduction in profitability efficiency. The decline could be attributable to various factors such as increased costs, lower net income, or changes in asset utilization.

In the following year, June 30, 2024, the ROA recovered somewhat to 4.45%, showing a partial rebound in profitability relative to assets. Yet, this figure remains below the 2022 peak, pointing to ongoing variability in operational performance or asset efficiency.

Most recently, by June 30, 2025, the ROA recorded a negative value of -1.85%. This negative figure indicates a net loss, implying that the company’s net income has fallen below zero and that assets are not being effectively utilized to generate earnings. Such a decline suggests potential difficulties in operational efficiency, profitability pressures, or extraordinary expenses that have adversely impacted net income.

Overall, the trend in Synaptics Incorporated’s ROA from 2021 through 2025 reflects periods of operational improvement followed by notable declines, culminating in a negative ROA in the most recent year. This pattern signals the importance of carefully scrutinizing underlying factors affecting profitability and asset utilization in the company's current or future financial strategies.