TRI Pointe Homes Inc (TPH)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 458,029 | 343,702 | 576,060 | 469,267 | 282,207 |
| Total assets | US$ in thousands | 4,891,120 | 4,914,590 | 4,719,940 | 4,336,220 | 4,021,980 |
| ROA | 9.36% | 6.99% | 12.20% | 10.82% | 7.02% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $458,029K ÷ $4,891,120K
= 9.36%
TRI Pointe Homes Inc's return on assets (ROA) has depicted fluctuating trends over the past five years. The ROA increased from 7.02% as of December 31, 2020, to 10.82% by December 31, 2021, indicating an improvement in the company's ability to generate profits from its assets. Furthermore, the ROA further rose to 12.20% as of December 31, 2022, showcasing continued efficiency in asset utilization.
However, there was a decline in the ROA to 6.99% by December 31, 2023, which indicates potential challenges in maintaining profitability relative to its asset base. Nonetheless, the ROA rebounded to 9.36% as of December 31, 2024, reflecting a partial recovery in asset productivity.
Overall, the inconsistent performance of TRI Pointe Homes Inc's ROA suggests the company's varying effectiveness in generating returns from its assets during the period under review.
Peer comparison
Dec 31, 2024