Return on Assets (ROA)
since 2005
Calculation
Monolithic Power Systems Inc., ROA, long-term trends, calculation
| ROA | = | 100 | × | Net income (loss)1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2024 | 49.40% | = | 100 | × | 1,786,700) | ÷ | 3,617,097) |
| Dec 31, 2023 | 17.56% | = | 100 | × | 427,374) | ÷ | 2,434,353) |
| Dec 31, 2022 | 21.26% | = | 100 | × | 437,672) | ÷ | 2,058,885) |
| Dec 31, 2021 | 15.26% | = | 100 | × | 242,023) | ÷ | 1,585,825) |
| Dec 31, 2020 | 13.60% | = | 100 | × | 164,375) | ÷ | 1,208,491) |
| Dec 31, 2019 | 11.38% | = | 100 | × | 108,839) | ÷ | 956,375) |
| Dec 31, 2018 | 13.27% | = | 100 | × | 105,268) | ÷ | 793,432) |
| Dec 31, 2017 | 9.99% | = | 100 | × | 65,203) | ÷ | 652,569) |
| Dec 31, 2016 | 10.31% | = | 100 | × | 52,720) | ÷ | 511,126) |
| Dec 31, 2015 | 8.16% | = | 100 | × | 35,172) | ÷ | 431,285) |
| Dec 31, 2014 | 8.89% | = | 100 | × | 35,495) | ÷ | 399,366) |
| Dec 31, 2013 | 6.21% | = | 100 | × | 22,898) | ÷ | 368,908) |
| Dec 31, 2012 | 5.49% | = | 100 | × | 15,756) | ÷ | 287,162) |
| Dec 31, 2011 | 4.86% | = | 100 | × | 13,301) | ÷ | 273,867) |
| Dec 31, 2010 | 10.50% | = | 100 | × | 29,563) | ÷ | 281,603) |
| Dec 31, 2009 | 8.14% | = | 100 | × | 19,674) | ÷ | 241,821) |
| Dec 31, 2008 | 12.40% | = | 100 | × | 24,226) | ÷ | 195,299) |
| Dec 31, 2007 | 6.71% | = | 100 | × | 11,580) | ÷ | 172,590) |
| Dec 31, 2006 | -2.44% | = | 100 | × | (2,863) | ÷ | 117,327) |
| Dec 31, 2005 | 5.07% | = | 100 | × | 5,107) | ÷ | 100,775) |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in thousands
The financial data demonstrates several key trends concerning profitability, asset growth, and returns on assets for the company over the observed periods.
- Net Income Trends
- Net income exhibits a fluctuating yet generally upward trajectory over the years. Starting at 5,107 thousand USD in 2005, it experienced a loss in 2006 (-2,863 thousand USD), followed by recovery and steady increases with some volatility. Noteworthy growth occurs from 2017 onwards, with net income nearly doubling from around 108,839 thousand USD in 2019 to a peak of 1,786,700 thousand USD forecasted for 2024. This indicates significant profitability improvement particularly in recent years.
- Total Assets Growth
- Total assets have grown consistently throughout the period, without any recorded decreases. Beginning at 100,775 thousand USD in 2005, assets steadily increase to reach over 3.6 billion USD by 2024. The asset base expanding by more than 35 times over the timeframe reflects continuous investment and expansion of company resources.
- Return on Assets (ROA)
- ROA shows variability in early years with a decline into negative territory in 2006 (-2.44%) and a rebound thereafter. From 2007 on, ROA generally improves, maintaining mostly double-digit percentages from the late 2010s. The forecasted figure for 2024 (49.4%) represents a substantial increase, implying much more efficient asset utilization and heightened profitability relative to asset size.
- Correlations and Insights
- The pattern of rising net income and steady total asset growth combined with increasing ROA suggests the company is not only growing its asset base but also improving its operational efficiency and profitability. The sharp rise in net income and ROA in the most recent years could reflect strategic improvements, higher margins, or favorable market conditions driving enhanced financial performance.
Comparison to Competitors
Monolithic Power Systems Inc., ROA, long-term trends, comparison to competitors
| Monolithic Power Systems Inc. | Advanced Micro Devices Inc. | Analog Devices Inc. | Applied Materials Inc. | Broadcom Inc. | Intel Corp. | KLA Corp. | Lam Research Corp. | Micron Technology Inc. | NVIDIA Corp. | Qualcomm Inc. | Texas Instruments Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dec 31, 2024 | 49.40% | 2.37% | 3.39% | 20.86% | 3.56% | -9.55% | 17.90% | 20.42% | 1.12% | 45.28% | 18.39% | 13.51% |
| Dec 31, 2023 | 17.56% | 1.26% | 6.79% | 22.31% | 19.33% | 0.88% | 24.07% | 24.02% | -9.08% | 10.61% | 14.17% | 20.12% |
| Dec 31, 2022 | 21.26% | 1.95% | 5.46% | 24.41% | 15.69% | 4.40% | 26.37% | 26.78% | 13.11% | 22.07% | 26.39% | 32.16% |
| Dec 31, 2021 | 15.26% | 25.46% | 2.66% | 22.80% | 8.91% | 11.80% | 20.23% | 24.59% | 9.96% | 15.05% | 21.93% | 31.48% |
| Dec 31, 2020 | 13.60% | 27.78% | 5.69% | 16.19% | 3.90% | 13.65% | 13.11% | 15.47% | 5.01% | 16.15% | 14.60% | 28.91% |
| Dec 31, 2019 | 11.38% | 5.66% | 6.37% | 14.22% | 4.04% | 15.42% | 13.05% | 18.26% | 12.91% | 31.15% | 13.31% | 27.84% |
| Dec 31, 2018 | 13.27% | 7.40% | 7.31% | 18.64% | 24.46% | 16.45% | 14.28% | 19.08% | 32.59% | 27.11% | -14.88% | 32.56% |
| Dec 31, 2017 | 9.99% | 1.21% | 3.44% | 17.68% | 3.11% | 7.79% | 16.74% | 14.00% | 14.40% | 16.93% | 3.77% | 20.87% |
| Dec 31, 2016 | 10.31% | -14.97% | 10.81% | 11.80% | -3.48% | 9.10% | 14.20% | 7.45% | -1.00% | 8.33% | 10.90% | 21.88% |
| Dec 31, 2015 | 8.16% | -21.23% | 9.87% | 9.00% | 12.88% | 11.08% | 7.59% | 7.00% | 12.01% | 8.76% | 10.38% | 18.40% |
| Dec 31, 2014 | 8.89% | -10.70% | 9.17% | 8.14% | 2.51% | 12.73% | 10.52% | 7.91% | 13.53% | 6.07% | 16.40% | 15.92% |
| Dec 31, 2013 | 6.21% | -1.91% | 10.55% | 2.13% | 16.16% | 10.42% | 10.27% | 1.57% | 6.22% | 8.77% | 15.06% | 11.42% |
| Dec 31, 2012 | 5.49% | -29.58% | 11.59% | 0.90% | 19.67% | 13.05% | 14.82% | 2.11% | -7.20% | 10.46% | 14.20% | 8.79% |
| Dec 31, 2011 | 4.86% | 9.91% | 16.44% | 13.90% | 22.57% | 18.20% | 16.99% | 17.84% | 1.13% | 5.63% | 11.70% | 10.91% |
| Dec 31, 2010 | 10.50% | 9.49% | 16.45% | 8.57% | 19.24% | 18.14% | 5.43% | 13.94% | 12.59% | -1.90% | 10.62% | 24.09% |
| Dec 31, 2009 | 8.14% | 3.35% | 7.28% | -3.19% | -2.23% | 8.23% | -14.50% | -15.48% | -16.02% | -0.90% | 5.80% | 12.13% |
| Dec 31, 2008 | 12.40% | -40.36% | 25.44% | 8.73% | — | 10.43% | 7.41% | 15.65% | -12.06% | 21.28% | 12.86% | 16.10% |
| Dec 31, 2007 | 6.71% | -29.26% | 16.72% | 16.05% | — | 12.54% | 11.42% | 32.63% | -2.16% | 16.78% | 17.86% | 20.98% |
| Dec 31, 2006 | -2.44% | -1.26% | 13.78% | 16.00% | — | 10.43% | 8.31% | 14.51% | 3.34% | 15.80% | 16.24% | 31.16% |
| Dec 31, 2005 | 5.07% | 2.27% | 9.05% | 10.74% | — | 17.93% | 11.71% | 20.66% | 2.35% | 6.16% | 17.17% | 15.43% |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Semiconductors & Semiconductor Equipment)
Monolithic Power Systems Inc., ROA, long-term trends, comparison to sector (semiconductors & semiconductor equipment)
| Monolithic Power Systems Inc. | Semiconductors & Semiconductor Equipment | |
|---|---|---|
| Dec 31, 2024 | 49.40% | 6.42% |
| Dec 31, 2023 | 17.56% | 7.41% |
| Dec 31, 2022 | 21.26% | 12.68% |
| Dec 31, 2021 | 15.26% | 13.62% |
| Dec 31, 2020 | 13.60% | 11.80% |
| Dec 31, 2019 | 11.38% | 13.37% |
| Dec 31, 2018 | 13.27% | 17.34% |
| Dec 31, 2017 | 9.99% | 8.44% |
| Dec 31, 2016 | 10.31% | 7.07% |
| Dec 31, 2015 | 8.16% | 10.73% |
| Dec 31, 2014 | 8.89% | 12.19% |
| Dec 31, 2013 | 6.21% | 10.15% |
| Dec 31, 2012 | 5.49% | 9.51% |
| Dec 31, 2011 | 4.86% | 13.81% |
| Dec 31, 2010 | 10.50% | 14.79% |
| Dec 31, 2009 | 8.14% | 3.61% |
| Dec 31, 2008 | 12.40% | 6.72% |
| Dec 31, 2007 | 6.71% | 9.62% |
| Dec 31, 2006 | -2.44% | 12.13% |
| Dec 31, 2005 | 5.07% | 14.01% |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Information Technology)
Monolithic Power Systems Inc., ROA, long-term trends, comparison to industry (information technology)
| Monolithic Power Systems Inc. | Information Technology | |
|---|---|---|
| Dec 31, 2024 | 49.40% | 11.93% |
| Dec 31, 2023 | 17.56% | 12.50% |
| Dec 31, 2022 | 21.26% | 14.55% |
| Dec 31, 2021 | 15.26% | 14.65% |
| Dec 31, 2020 | 13.60% | 11.44% |
| Dec 31, 2019 | 11.38% | 11.78% |
| Dec 31, 2018 | 13.27% | 10.94% |
| Dec 31, 2017 | 9.99% | 9.05% |
| Dec 31, 2016 | 10.31% | 9.79% |
| Dec 31, 2015 | 8.16% | 11.53% |
| Dec 31, 2014 | 8.89% | 12.36% |
| Dec 31, 2013 | 6.21% | 13.26% |
| Dec 31, 2012 | 5.49% | 14.08% |
| Dec 31, 2011 | 4.86% | 15.10% |
| Dec 31, 2010 | 10.50% | 14.50% |
| Dec 31, 2009 | 8.14% | 10.08% |
| Dec 31, 2008 | 12.40% | 11.99% |
| Dec 31, 2007 | 6.71% | 12.03% |
| Dec 31, 2006 | -2.44% | 12.21% |
| Dec 31, 2005 | 5.07% | 12.76% |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).