Return on Assets (ROA)
since 2005
Calculation
Amphenol Corp., ROA, long-term trends, calculation
| ROA | = | 100 | × | Net income attributable to Amphenol Corporation1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 11.67% | = | 100 | × | 1,928,000) | ÷ | 16,526,400) |
| Dec 31, 2022 | 12.41% | = | 100 | × | 1,902,300) | ÷ | 15,326,200) |
| Dec 31, 2021 | 10.84% | = | 100 | × | 1,590,800) | ÷ | 14,678,400) |
| Dec 31, 2020 | 9.76% | = | 100 | × | 1,203,400) | ÷ | 12,327,300) |
| Dec 31, 2019 | 10.68% | = | 100 | × | 1,155,000) | ÷ | 10,815,500) |
| Dec 31, 2018 | 12.00% | = | 100 | × | 1,205,000) | ÷ | 10,044,900) |
| Dec 31, 2017 | 6.50% | = | 100 | × | 650,500) | ÷ | 10,003,900) |
| Dec 31, 2016 | 9.68% | = | 100 | × | 822,900) | ÷ | 8,498,700) |
| Dec 31, 2015 | 10.24% | = | 100 | × | 763,500) | ÷ | 7,458,400) |
| Dec 31, 2014 | 10.09% | = | 100 | × | 709,100) | ÷ | 7,027,000) |
| Dec 31, 2013 | 10.31% | = | 100 | × | 635,672) | ÷ | 6,168,028) |
| Dec 31, 2012 | 10.65% | = | 100 | × | 555,317) | ÷ | 5,215,463) |
| Dec 31, 2011 | 11.79% | = | 100 | × | 524,191) | ÷ | 4,445,225) |
| Dec 31, 2010 | 12.36% | = | 100 | × | 496,405) | ÷ | 4,015,857) |
| Dec 31, 2009 | 9.87% | = | 100 | × | 317,834) | ÷ | 3,219,184) |
| Dec 31, 2008 | 14.00% | = | 100 | × | 419,151) | ÷ | 2,994,159) |
| Dec 31, 2007 | 13.20% | = | 100 | × | 353,194) | ÷ | 2,675,733) |
| Dec 31, 2006 | 11.65% | = | 100 | × | 255,691) | ÷ | 2,195,397) |
| Dec 31, 2005 | 10.68% | = | 100 | × | 206,339) | ÷ | 1,932,540) |
Based on: 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 trajectory from 2005 to 2023 is characterized by substantial expansion in both total assets and net income, accompanied by a generally stable but fluctuating return on assets (ROA).
- Asset and Income Growth
- Total assets increased from approximately $1.93 billion in 2005 to $16.53 billion by 2023. Over the same period, net income attributable to the corporation rose from $206.3 million to $1.93 billion. This indicates a scaled expansion of the business where net income grew at a pace largely commensurate with the growth of the asset base.
- ROA Trend Analysis
- The return on assets showed an initial upward trend, peaking at 14.00% in 2008. A subsequent decline to 9.87% in 2009 suggests a period of reduced profitability relative to assets. Between 2010 and 2016, the ratio remained relatively stable, fluctuating within a range of 9.68% to 12.36%. A significant contraction occurred in 2017, with the ROA falling to a period low of 6.50%, indicating a temporary decline in asset utilization efficiency.
- Recent Performance and Stabilization
- A rapid recovery in asset efficiency was observed in 2018, as the ROA returned to 12.00%. From 2019 through 2023, the ROA has remained resilient, oscillating between 9.76% and 12.41%. This stabilization demonstrates the ability to maintain consistent profitability margins even as the total asset base continued to climb toward $16.5 billion.
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Comparison to Competitors
Amphenol Corp., ROA, long-term trends, comparison to competitors
| Amphenol Corp. | Apple Inc. | Arista Networks Inc. | Cisco Systems Inc. | Dell Technologies Inc. | Lumentum Holdings Inc. | Super Micro Computer Inc. | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 11.67% | 27.51% | 20.98% | 12.38% | 2.73% | -2.84% | 17.42% |
| Dec 31, 2022 | 12.41% | 28.29% | 19.96% | 12.57% | 6.00% | 4.78% | 8.90% |
| Dec 31, 2021 | 10.84% | 26.97% | 14.66% | 10.86% | 2.63% | 11.19% | 4.99% |
| Dec 31, 2020 | 9.76% | 17.73% | 13.39% | 11.82% | 3.88% | 4.12% | 4.39% |
| Dec 31, 2019 | 10.68% | 16.32% | 20.54% | 11.88% | -2.07% | -1.34% | 4.27% |
| Dec 31, 2018 | 12.00% | 16.28% | 10.65% | 0.10% | — | 15.69% | 2.61% |
| Dec 31, 2017 | 6.50% | 12.88% | 17.20% | 7.40% | — | -8.31% | 4.41% |
| Dec 31, 2016 | 9.68% | 14.20% | 10.65% | 8.83% | — | 1.28% | 6.18% |
| Dec 31, 2015 | 10.24% | 18.38% | 10.44% | 7.91% | — | -0.66% | 9.35% |
| Dec 31, 2014 | 10.09% | 17.04% | 10.71% | 7.47% | — | — | 6.80% |
| Dec 31, 2013 | 10.31% | 17.89% | — | 9.87% | — | — | 3.37% |
| Dec 31, 2012 | 10.65% | 23.70% | — | 8.76% | — | — | 5.07% |
| Dec 31, 2011 | 11.79% | 22.28% | — | 7.45% | — | — | 8.66% |
| Dec 31, 2010 | 12.36% | 18.64% | — | 9.57% | — | — | 7.26% |
| Dec 31, 2009 | 9.87% | 10.59% | — | 9.00% | — | — | 5.69% |
| Dec 31, 2008 | 14.00% | 12.22% | — | 13.71% | — | — | 9.61% |
| Dec 31, 2007 | 13.20% | 13.79% | — | 13.75% | — | — | 9.41% |
| Dec 31, 2006 | 11.65% | 11.56% | — | 12.88% | — | — | — |
| Dec 31, 2005 | 10.68% | 11.56% | — | 16.94% | — | — | — |
Based on: 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 (Technology Hardware & Equipment)
Amphenol Corp., ROA, long-term trends, comparison to sector (technology hardware & equipment)
| Amphenol Corp. | Technology Hardware & Equipment | |
|---|---|---|
| Dec 31, 2023 | 11.67% | 20.39% |
| Dec 31, 2022 | 12.41% | 21.50% |
| Dec 31, 2021 | 10.84% | 18.83% |
| Dec 31, 2020 | 9.76% | 13.53% |
| Dec 31, 2019 | 10.68% | 11.76% |
| Dec 31, 2018 | 12.00% | 12.53% |
| Dec 31, 2017 | 6.50% | 11.43% |
| Dec 31, 2016 | 9.68% | 12.68% |
| Dec 31, 2015 | 10.24% | 15.39% |
| Dec 31, 2014 | 10.09% | 14.03% |
| Dec 31, 2013 | 10.31% | 15.23% |
| Dec 31, 2012 | 10.65% | 18.55% |
| Dec 31, 2011 | 11.79% | 15.91% |
| Dec 31, 2010 | 12.36% | 13.92% |
| Dec 31, 2009 | 9.87% | 9.70% |
| Dec 31, 2008 | 14.00% | 13.10% |
| Dec 31, 2007 | 13.20% | 13.75% |
| Dec 31, 2006 | 11.65% | 12.51% |
| Dec 31, 2005 | 10.68% | 15.57% |
Based on: 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)
Amphenol Corp., ROA, long-term trends, comparison to industry (information technology)
| Amphenol Corp. | Information Technology | |
|---|---|---|
| Dec 31, 2023 | 11.67% | 12.34% |
| Dec 31, 2022 | 12.41% | 14.33% |
| Dec 31, 2021 | 10.84% | 14.52% |
| Dec 31, 2020 | 9.76% | 11.46% |
| Dec 31, 2019 | 10.68% | 11.67% |
| Dec 31, 2018 | 12.00% | 10.94% |
| Dec 31, 2017 | 6.50% | 9.00% |
| Dec 31, 2016 | 9.68% | 9.68% |
| Dec 31, 2015 | 10.24% | 11.51% |
| Dec 31, 2014 | 10.09% | 12.33% |
| Dec 31, 2013 | 10.31% | 13.22% |
| Dec 31, 2012 | 10.65% | 14.06% |
| Dec 31, 2011 | 11.79% | 15.11% |
| Dec 31, 2010 | 12.36% | 14.45% |
| Dec 31, 2009 | 9.87% | 10.04% |
| Dec 31, 2008 | 14.00% | 11.87% |
| Dec 31, 2007 | 13.20% | 11.93% |
| Dec 31, 2006 | 11.65% | 12.20% |
| Dec 31, 2005 | 10.68% | 12.71% |
Based on: 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).