Xerox Corp (XRX)
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | -1,321,000 | -1,358,000 | -104,000 | -183,000 | 1,000 | 180,000 | -252,000 | -195,000 | -322,000 | -1,118,000 | -645,000 | -550,000 | -455,000 | 297,000 | 297,000 | 233,000 | 192,000 | 933,000 | 1,064,000 |
Total assets | US$ in thousands | 8,365,000 | 8,322,000 | 9,491,000 | 9,944,000 | 10,008,000 | 10,444,000 | 10,569,000 | 11,046,000 | 11,543,000 | 11,420,000 | 12,270,000 | 13,082,000 | 13,223,000 | 14,081,000 | 14,110,000 | 14,272,000 | 14,741,000 | 15,352,000 | 14,125,000 |
ROA | -15.79% | -16.32% | -1.10% | -1.84% | 0.01% | 1.72% | -2.38% | -1.77% | -2.79% | -9.79% | -5.26% | -4.20% | -3.44% | 2.11% | 2.10% | 1.63% | 1.30% | 6.08% | 7.53% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $-1,321,000K ÷ $8,365,000K
= -15.79%
The return on assets (ROA) of Xerox Corp has shown a downward trend over the analyzed period, starting at 7.53% in June 2020 and reaching a low of -16.32% in September 2024. This indicates that the company's ability to generate profit from its assets has deteriorated over time. The ROA fluctuated throughout the period, with both positive and negative values recorded, highlighting potential challenges in effectively utilizing its assets to generate earnings. It is essential for Xerox Corp to closely monitor and improve its asset management strategies to enhance its ROA and overall financial performance in the future.
Peer comparison
Dec 31, 2024