Verizon Communications Inc (VZ)

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	17,506,000	9,796,000	11,252,000	11,307,000	11,614,000	20,896,000	21,034,000	21,585,000	21,256,000	19,292,000	20,799,000	21,400,000	22,065,000	22,040,000	19,990,000	18,890,000	17,801,000	18,308,000	19,145,000	18,389,000
Total assets	US$ in thousands	384,711,000	381,164,000	379,146,000	380,158,000	380,255,000	384,830,000	379,955,000	377,716,000	379,680,000	375,090,000	370,147,000	365,716,000	366,596,000	353,457,000	349,190,000	345,573,000	316,481,000	296,994,000	293,259,000	294,500,000
ROA		4.55%	2.57%	2.97%	2.97%	3.05%	5.43%	5.54%	5.71%	5.60%	5.14%	5.62%	5.85%	6.02%	6.24%	5.72%	5.47%	5.62%	6.16%	6.53%	6.24%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $17,506,000K ÷ $384,711,000K
= 4.55%

Verizon Communications Inc's Return on Assets (ROA) has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ROA started at 6.24% in March 2020, increased to a peak of 6.53% in June 2020, and then experienced some decline reaching 5.62% by December 2020. The trend continued with slight variations until September 2021 when the ROA stood at 6.24%.

However, the ROA started to decline gradually thereafter, reaching 3.05% by December 31, 2023, before slightly recovering to 4.55% by December 31, 2024. Overall, the company's ROA experienced periods of both growth and decline, reflecting changes in asset utilization efficiency and profitability. Investors and stakeholders may monitor the trend closely to assess the company's operational performance and management of assets in generating profits.