Visteon Corp (VC)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 274,000 | 486,000 | 124,000 | 41,000 | -48,000 |
| Total assets | US$ in thousands | 2,862,000 | 2,727,000 | 2,450,000 | 2,234,000 | 2,271,000 |
| ROA | 9.57% | 17.82% | 5.06% | 1.84% | -2.11% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $274,000K ÷ $2,862,000K
= 9.57%
The return on assets (ROA) for Visteon Corp has shown significant fluctuations over the past five years. Starting at -2.11% on December 31, 2020, the company managed to turn it around to 1.84% by the end of 2021. Subsequently, the ROA saw a notable increase, reaching 5.06% by December 31, 2022. The trend continued upwards sharply with a significant spike to 17.82% by the end of 2023, reflecting a substantial improvement in the company's utilization of its assets to generate profits. However, by December 31, 2024, the ROA dipped to 9.57%, indicating a slight decline in the company's efficiency in generating returns from its assets compared to the prior year. The varying ROA figures suggest that Visteon Corp's asset efficiency and profitability have experienced fluctuations over the analyzed period.
Peer comparison
Dec 31, 2024