TRI Pointe Homes Inc (TPH)
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 | 458,029 | 461,650 | 467,753 | 410,475 | 386,162 | 456,301 | 487,665 | 563,324 | 576,060 | 520,527 | 504,457 | 485,943 | 469,267 | 436,941 | 382,467 | 321,126 | 282,207 | 285,086 | 269,265 | 238,999 |
| Total assets | US$ in thousands | 4,891,120 | 4,779,260 | 4,596,200 | 4,969,980 | 4,914,590 | 4,870,230 | 4,780,560 | 4,739,240 | 4,719,940 | 4,526,040 | 4,414,660 | 4,314,070 | 4,336,220 | 4,233,680 | 4,160,160 | 4,092,950 | 4,021,980 | 3,957,560 | 3,977,900 | 4,293,050 |
| ROA | 9.36% | 9.66% | 10.18% | 8.26% | 7.86% | 9.37% | 10.20% | 11.89% | 12.20% | 11.50% | 11.43% | 11.26% | 10.82% | 10.32% | 9.19% | 7.85% | 7.02% | 7.20% | 6.77% | 5.57% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $458,029K ÷ $4,891,120K
= 9.36%
ROA, or return on assets, is a financial metric that measures a company's ability to generate profit from its assets. In the case of TRI Pointe Homes Inc, the ROA has shown a fluctuating trend over the reported periods.
From March 31, 2020, to December 31, 2020, TRI Pointe Homes Inc experienced a gradual increase in ROA from 5.57% to 7.02%. This upward trend continued into 2021, with ROA reaching 11.26% by March 31, 2022. The company's ROA peaked at 12.20% on December 31, 2022, indicating strong profitability relative to its assets.
However, starting from March 31, 2023, the ROA began to decline, dropping to 7.86% by December 31, 2023. This downward trend continued into 2024, with ROA fluctuating between 7.86% and 10.18% through June 30, 2024.
Overall, TRI Pointe Homes Inc has shown variability in its ROA performance, with periods of significant growth followed by fluctuations and a slight decrease in profitability. Monitoring the ROA can help stakeholders assess the company's efficiency in generating earnings from its assets and its overall financial health.
Peer comparison
Dec 31, 2024