T-Mobile US Inc (TMUS)
Return on assets (ROA)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 8,317,000 | 7,780,000 | 6,146,000 | 3,817,000 | 2,590,000 | 1,535,000 | 1,718,000 | 2,804,000 | 3,024,000 | 3,352,000 | 3,914,000 | 3,046,000 | 3,064,000 | 3,065,000 | 2,682,000 | 3,511,000 | 3,468,000 | 3,357,000 | 3,282,000 | 3,125,000 |
| Total assets | US$ in thousands | 207,682,000 | 208,579,000 | 210,602,000 | 210,173,000 | 211,338,000 | 213,499,000 | 209,463,000 | 210,653,000 | 206,563,000 | 202,125,000 | 204,124,000 | 203,332,000 | 200,162,000 | 192,443,000 | 187,199,000 | 87,226,000 | 86,921,000 | 86,109,000 | 84,788,000 | 83,073,000 |
| ROA | 4.00% | 3.73% | 2.92% | 1.82% | 1.23% | 0.72% | 0.82% | 1.33% | 1.46% | 1.66% | 1.92% | 1.50% | 1.53% | 1.59% | 1.43% | 4.03% | 3.99% | 3.90% | 3.87% | 3.76% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $8,317,000K ÷ $207,682,000K
= 4.00%
Based on the provided data, T-Mobile US Inc's return on assets (ROA) has shown a positive trend over the past eight quarters. The ROA has consistently increased from 1.23% in Q4 2022 to 4.00% in Q4 2023. This improvement indicates that the company has been more efficient in generating profits from its assets.
The upward trend in ROA suggests that T-Mobile US Inc has been effectively utilizing its assets to generate earnings. It is important to note that a higher ROA indicates better asset utilization, efficiency, and profitability. The company's management may be implementing strategies to improve profitability and operational efficiency during this period.
Overall, T-Mobile US Inc's increasing ROA over the past eight quarters is a positive indicator of the company's financial performance and efficiency in generating profits relative to its total assets.