US Physicalrapy Inc (USPH)
Return on assets (ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 31,424 | 28,239 | 32,158 | 40,831 | 35,194 |
Total assets | US$ in thousands | 1,167,470 | 997,238 | 858,154 | 749,426 | 594,361 |
ROA | 2.69% | 2.83% | 3.75% | 5.45% | 5.92% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $31,424K ÷ $1,167,470K
= 2.69%
US Physicalrapy Inc's return on assets (ROA) has shown a gradual decline over the past five years, decreasing from 5.92% on December 31, 2020, to 2.69% on December 31, 2024. This downward trend suggests that the company's ability to generate profits from its assets has weakened over time. A decreasing ROA could indicate inefficiencies in asset utilization or declining profitability relative to the size of the company's asset base. Further analysis is recommended to identify the root causes of this decline and develop strategies to improve the company's overall performance and efficiency in utilizing its assets.
Peer comparison
Dec 31, 2024