Taylor Morn Home (TMHC)

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	883,309	813,441	733,006	768,148	768,929	871,675	1,010,763	1,067,148	1,052,800	1,050,193	908,548	741,708	663,026	484,721	431,364	372,891	243,439	203,678	155,913	172,090
Total assets	US$ in thousands	9,297,130	9,300,440	9,099,070	8,910,340	8,672,090	8,436,920	8,748,790	8,376,190	8,470,720	8,593,630	8,650,220	8,517,980	8,727,780	8,403,050	8,138,760	7,975,480	7,738,000	7,834,450	8,322,330	8,262,370
ROA		9.50%	8.75%	8.06%	8.62%	8.87%	10.33%	11.55%	12.74%	12.43%	12.22%	10.50%	8.71%	7.60%	5.77%	5.30%	4.68%	3.15%	2.60%	1.87%	2.08%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $883,309K ÷ $9,297,130K
= 9.50%

The return on assets (ROA) for Taylor Morn Home has shown a positive trend over the period from March 31, 2020, to December 31, 2024. The ROA increased from 2.08% in March 2020 to 9.50% in December 2024. This indicates that the company has been effectively utilizing its assets to generate profits.

There were fluctuations in the ROA during the period, with some quarters showing higher returns than others. The highest ROA was recorded in March 2024 at 12.74%, while the lowest was in June 2020 at 1.87%. Overall, the trend shows a progressive improvement in the company's ability to generate profits from its assets.

The increasing trend in ROA reflects positively on the company's operational efficiency and profitability. It suggests that Taylor Morn Home has been able to effectively manage its assets to generate higher returns for its shareholders. The consistency and improvement in ROA over time indicate a positive financial performance for the company.