Vulcan Materials Company (VMC)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 911,900 | 933,200 | 575,600 | 670,800 | 584,500 |
| Total assets | US$ in thousands | 17,104,800 | 14,545,700 | 14,234,600 | 13,682,600 | 11,686,900 |
| ROA | 5.33% | 6.42% | 4.04% | 4.90% | 5.00% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $911,900K ÷ $17,104,800K
= 5.33%
The return on assets (ROA) for Vulcan Materials Company has shown some fluctuations over the years.
- In December 2020, the ROA was 5.00%, indicating that the company generated 5.00 cents of profit for every dollar of assets it had.
- By December 2021, the ROA decreased slightly to 4.90%, suggesting a slight decline in the company's ability to generate profit from its assets.
- In December 2022, the ROA further decreased to 4.04%, indicating a decrease in profitability relative to its asset base.
- The following year, December 2023, saw a significant improvement in ROA, rising to 6.42%. This suggests that the company improved its ability to generate profit from its assets during this period.
- Lastly, by December 2024, the ROA decreased slightly to 5.33%, indicating that the company's profitability relative to its asset base declined compared to the previous year.
Overall, the trend in ROA for Vulcan Materials Company shows some variations, with fluctuations in profitability relative to its asset base. It is essential for the company to closely monitor its asset utilization and profitability to ensure sustainable performance over time.
Peer comparison
Dec 31, 2024