Werner Enterprises Inc (WERN)

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 34,233 45,915 63,054 83,470 112,382 148,975 180,322 222,731 241,256 258,955 268,993 268,735 261,478 244,169 225,412 192,512 169,078 157,018 149,730 153,916
Total assets US$ in thousands 3,052,240 3,121,720 3,093,570 3,078,830 3,157,940 3,194,460 3,105,190 3,116,320 3,097,260 2,859,130 2,848,590 2,649,030 2,589,920 2,479,140 2,382,870 2,229,530 2,156,680 2,140,140 2,079,710 2,088,900
ROA 1.12% 1.47% 2.04% 2.71% 3.56% 4.66% 5.81% 7.15% 7.79% 9.06% 9.44% 10.14% 10.10% 9.85% 9.46% 8.63% 7.84% 7.34% 7.20% 7.37%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $34,233K ÷ $3,052,240K
= 1.12%

The return on assets (ROA) of Werner Enterprises Inc has shown fluctuations over the quarters from March 31, 2020, to December 31, 2024. Starting at 7.37% in March 2020, the ROA experienced a slight decrease to 7.20% in June 2020 before gradually increasing to 10.10% by December 2021.

Subsequently, there was a decline in ROA, dropping to 7.15% in March 2023 and further to 1.12% by December 2024. Notably, there was a significant drop in ROA from March 31, 2023, to December 31, 2024, indicating a potential decrease in the company's efficiency in generating profits relative to its assets.

Overall, it is important for stakeholders to monitor the company's performance closely, especially in terms of asset utilization and profitability, to understand the implications of the decreasing trend in ROA observed in the latter quarters.