Teradata Corp (TDC)
Return on assets (ROA)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 62,000 | 33,000 | 147,000 | 129,000 | -20,000 |
| Total assets | US$ in thousands | 1,873,000 | 2,022,000 | 2,169,000 | 2,193,000 | 2,057,000 |
| ROA | 3.31% | 1.63% | 6.78% | 5.88% | -0.97% |
December 31, 2023 calculation
ROA = Net income ÷ Total assets
= $62,000K ÷ $1,873,000K
= 3.31%
Teradata Corp's return on assets (ROA) has shown variability over the past five years. The ROA for 2023 stood at 3.31%, indicating that the company generated $0.0331 in net income for every dollar of assets held. This represents an improvement compared to the previous year, when the ROA was 1.63%. However, it is lower than the ROA of 6.78% in 2021 and 5.88% in 2020, suggesting a decline in asset efficiency in 2023.
It is worth noting that in 2019, Teradata Corp had a negative ROA of -0.97%, indicating that the company experienced a loss relative to its assets in that year. Overall, the trend in ROA for Teradata Corp over the past five years suggests some fluctuations, with the company experiencing both highs and lows in asset efficiency. This variability in ROA highlights the importance of closely monitoring and evaluating the company's management of its assets to ensure sustained profitability.
Peer comparison
Dec 31, 2023