Upbound Group Inc. (UPBD)

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	123,478	81,242	54,745	-24,822	-5,179	8,722	-1,419	63,924	12,357	19,522	46,567	88,151	134,940	181,428	224,191	201,375	208,115	192,306	159,553	215,515
Total assets	US$ in thousands	2,649,660	2,578,490	2,620,280	2,626,980	2,721,430	2,626,080	2,585,920	2,741,120	2,763,620	2,768,600	2,767,130	2,777,120	2,993,330	3,053,670	3,035,300	3,006,960	1,750,980	1,667,560	1,576,630	1,607,060
ROA		4.66%	3.15%	2.09%	-0.94%	-0.19%	0.33%	-0.05%	2.33%	0.45%	0.71%	1.68%	3.17%	4.51%	5.94%	7.39%	6.70%	11.89%	11.53%	10.12%	13.41%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $123,478K ÷ $2,649,660K
= 4.66%

The return on assets (ROA) for Upbound Group Inc. has exhibited a declining trend over the consecutive quarters from March 31, 2020, to December 31, 2024. Starting at 13.41% in March 2020, the ROA decreased to 4.66% by December 2024. This indicates that the company's ability to generate profits from its assets has diminished over this period. It is important to further investigate the reasons behind this decline, as sustained low ROA levels can signify inefficiencies in asset utilization or declining profitability relative to the size of the asset base.

Peer comparison

Dec 31, 2024

Company name

Symbol

ROA

Upbound Group Inc.

UPBD

4.66%

Air Lease Corporation