Visteon Corp (VC)
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 | 274,000 | 518,000 | 545,000 | 494,000 | 486,000 | 154,000 | 132,000 | 136,000 | 124,000 | 121,000 | 82,000 | 47,000 | 41,000 | 28,000 | 29,000 | -5,000 | -56,000 | -39,000 | -31,000 | 21,000 |
| Total assets | US$ in thousands | 2,862,000 | 2,893,000 | 2,731,000 | 2,739,000 | 2,727,000 | 2,357,000 | 2,321,000 | 2,405,000 | 2,450,000 | 2,326,000 | 2,146,000 | 2,243,000 | 2,234,000 | 2,060,000 | 2,122,000 | 2,171,000 | 2,271,000 | 2,164,000 | 2,320,000 | 2,488,000 |
| ROA | 9.57% | 17.91% | 19.96% | 18.04% | 17.82% | 6.53% | 5.69% | 5.65% | 5.06% | 5.20% | 3.82% | 2.10% | 1.84% | 1.36% | 1.37% | -0.23% | -2.47% | -1.80% | -1.34% | 0.84% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $274,000K ÷ $2,862,000K
= 9.57%
The Return on Assets (ROA) of Visteon Corp has shown fluctuating trends over the past few years. Starting from March 31, 2020, where it stood at 0.84%, the ROA saw a decline reaching negative values by the end of 2020. This negative trend continued until June 30, 2021, when a positive ROA of 1.37% was recorded.
From then on, Visteon Corp exhibited a consistent improvement in its ROA performance, with successive quarters showing positive values. Notably, the ROA experienced significant growth in the latter half of 2023 and the first half of 2024, with values reaching as high as 19.96% on June 30, 2024.
However, the ROA dropped in the subsequent quarters, declining from 19.96% in June 30, 2024 to 9.57% by December 31, 2024. This decrease in ROA towards the end of 2024 indicates a potential concern regarding the company's asset efficiency and profitability.
Overall, while Visteon Corp has shown periods of strong performance in terms of ROA in recent periods, the significant fluctuations in its ROA values raise questions about the company's ability to sustain consistent profitability and efficiently utilize its assets in the long run.
Peer comparison
Dec 31, 2024