Xerox Corp (XRX)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -1,321,000 | 1,000 | -322,000 | -455,000 | 192,000 |
| Total assets | US$ in thousands | 8,365,000 | 10,008,000 | 11,543,000 | 13,223,000 | 14,741,000 |
| ROA | -15.79% | 0.01% | -2.79% | -3.44% | 1.30% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $-1,321,000K ÷ $8,365,000K
= -15.79%
Based on the provided data, Xerox Corp's return on assets (ROA) has shown significant fluctuations over the past five years. In December 2020, the ROA was reported at 1.30%, indicating that for every dollar of assets, the company generated a return of 1.30 cents.
However, the ROA deteriorated in the following years, reaching -3.44% in December 2021, -2.79% in December 2022, and further declining to -15.79% in December 2024. These negative ROA figures suggest that Xerox Corp's assets were not effectively utilized to generate profits during these periods.
The company did show a slight improvement in December 2023 with a ROA of 0.01%, indicating a marginal return on assets. It is important for Xerox Corp to closely monitor and address the factors contributing to the decline in ROA to ensure efficient utilization of its assets and improve overall profitability in the future.
Peer comparison
Dec 31, 2024