Gentherm Inc (THRM)

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	64,947	67,713	67,592	47,165	40,343	18,051	12,034	20,657	24,441	48,694	54,553	72,272	93,434	107,379	115,839	80,726	59,690	36,151	27,892	40,965
Total assets	US$ in thousands	1,247,560	1,298,180	1,240,550	1,252,710	1,234,370	1,225,600	1,244,050	1,268,750	1,239,300	1,241,330	947,046	967,113	935,343	943,978	933,873	932,454	1,022,840	921,447	823,370	893,370
ROA		5.21%	5.22%	5.45%	3.77%	3.27%	1.47%	0.97%	1.63%	1.97%	3.92%	5.76%	7.47%	9.99%	11.38%	12.40%	8.66%	5.84%	3.92%	3.39%	4.59%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $64,947K ÷ $1,247,560K
= 5.21%

Gentherm Inc's return on assets (ROA) has displayed fluctuating trends over the analyzed periods. The company's ROA ranged from a low of 0.97% as of June 30, 2023, to a high of 12.40% on June 30, 2021. Notably, there was a significant increase in ROA from March 31, 2021, to June 30, 2021, indicating improved asset utilization and efficiency during that period.

However, the ROA declined thereafter, reaching a low of 0.97% by June 30, 2023. This decrease suggests a potential decline in the company's profitability relative to its asset base during this period. Subsequently, there was a slight recovery in ROA, with the ratio gradually increasing to 5.21% by December 31, 2024.

Overall, the varying ROA figures reflect fluctuations in Gentherm Inc's ability to generate earnings from its assets. It is important for stakeholders to monitor these trends to assess the company's operational efficiency and profitability in utilizing its assets effectively.