AT&T Inc (T)
Return on assets (ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 10,948,000 | 14,400,000 | -8,524,000 | 20,081,000 | -5,176,000 |
Total assets | US$ in thousands | 394,795,000 | 407,060,000 | 402,853,000 | 551,622,000 | 525,761,000 |
ROA | 2.77% | 3.54% | -2.12% | 3.64% | -0.98% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $10,948,000K ÷ $394,795,000K
= 2.77%
AT&T Inc's return on assets (ROA) fluctuated over the period from December 31, 2020, to December 31, 2024. The company experienced a negative ROA of -0.98% in 2020, followed by significant improvement to 3.64% in 2021. However, there was a dip in the ROA to -2.12% in 2022, indicating a decrease in the company's efficiency in generating profit from its assets.
Subsequently, AT&T Inc was able to recover and achieve a ROA of 3.54% in 2023, showing a positive trend in utilizing its assets effectively to generate earnings. In 2024, the ROA slightly decreased to 2.77%, but still remained at a reasonable level.
Overall, AT&T Inc's ROA performance indicates a mix of fluctuations and improvements over the analyzed period, with notable peaks and troughs in the efficiency of asset utilization for generating profits.
Peer comparison
Dec 31, 2024