Vicor Corporation (VICR)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 6,129 | 53,595 | 25,446 | 56,625 | 17,910 |
| Total assets | US$ in thousands | 641,118 | 594,887 | 536,901 | 477,205 | 396,239 |
| ROA | 0.96% | 9.01% | 4.74% | 11.87% | 4.52% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $6,129K ÷ $641,118K
= 0.96%
The return on assets (ROA) for Vicor Corporation has fluctuated over the past few years. In December 31, 2020, the ROA was 4.52%, indicating that the company generated a net income of 4.52% for every dollar of assets it held. This ratio improved significantly by December 31, 2021, reaching 11.87%, suggesting a more efficient utilization of assets to generate profits.
However, in the following years, the ROA decreased. By December 31, 2022, the ROA dropped to 4.74%, indicating a relative decline in generating profits from its assets. The trend reversed in December 31, 2023, where the ROA improved to 9.01%, demonstrating a better performance in utilizing assets to generate returns. The most recent data available, December 31, 2024, shows a sharp decrease in ROA to 0.96%, signaling a significant decline in asset efficiency and profitability.
Overall, the analysis of Vicor Corporation's ROA reveals fluctuations in the company's ability to generate profits from its assets over the years, with notable variations in performance levels.
Peer comparison
Dec 31, 2024