USANA Health Sciences Inc (USNA)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 42,030 | 63,788 | 69,350 | 116,505 | 124,664 |
| Total assets | US$ in thousands | 748,193 | 632,757 | 596,549 | 577,740 | 640,887 |
| ROA | 5.62% | 10.08% | 11.63% | 20.17% | 19.45% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $42,030K ÷ $748,193K
= 5.62%
Based on the data provided, the return on assets (ROA) for USANA Health Sciences Inc has fluctuated over the past five years. The ROA was 19.45% as of December 31, 2020, and showed a slight increase to 20.17% by the end of 2021. However, there was a notable decline in ROA to 11.63% by December 31, 2022, and a further decrease to 10.08% by the end of 2023. The most recent data indicates a significant drop in ROA to 5.62% as of December 31, 2024.
The declining trend in ROA over the years suggests that USANA Health Sciences Inc may be facing challenges in generating profits relative to its total assets. A decreasing ROA could be attributed to factors such as increased expenses, declining revenue, or inefficient asset utilization. It is important for the company to address these issues to improve its profitability and efficiency in utilizing its assets effectively. Investors and stakeholders may closely monitor the company's performance to assess its ability to generate returns on its assets in the future.