GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Xometry Inc (NAS:XMTR) » Definitions » ROA %

Xometry (Xometry) ROA % : -6.00% (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Xometry ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Xometry's annualized Net Income for the quarter that ended in Dec. 2023 was $-42.2 Mil. Xometry's average Total Assets over the quarter that ended in Dec. 2023 was $704.0 Mil. Therefore, Xometry's annualized ROA % for the quarter that ended in Dec. 2023 was -6.00%.

The historical rank and industry rank for Xometry's ROA % or its related term are showing as below:

XMTR' s ROA % Range Over the Past 10 Years
Min: -40.04   Med: -20.75   Max: -9.36
Current: -9.44

During the past 5 years, Xometry's highest ROA % was -9.36%. The lowest was -40.04%. And the median was -20.75%.

XMTR's ROA % is ranked worse than
89.53% of 3017 companies
in the Industrial Products industry
Industry Median: 3.64 vs XMTR: -9.44

Xometry ROA % Historical Data

The historical data trend for Xometry's ROA % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Xometry ROA % Chart

Xometry Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
-40.04 -37.37 -20.75 -12.79 -9.36

Xometry Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -14.76 -10.06 -14.82 -6.83 -6.00

Competitive Comparison of Xometry's ROA %

For the Specialty Industrial Machinery subindustry, Xometry's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Xometry's ROA % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xometry's ROA % distribution charts can be found below:

* The bar in red indicates where Xometry's ROA % falls into.



Xometry ROA % Calculation

Xometry's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=-67.472/( (734.114+707.387)/ 2 )
=-67.472/720.7505
=-9.36 %

Xometry's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-42.204/( (700.529+707.387)/ 2 )
=-42.204/703.958
=-6.00 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Dec. 2023) net income data. ROA % is displayed in the 30-year financial page.


Xometry  (NAS:XMTR) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-42.204/703.958
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-42.204 / 512.58)*(512.58 / 703.958)
=Net Margin %*Asset Turnover
=-8.23 %*0.7281
=-6.00 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Xometry ROA % Related Terms

Thank you for viewing the detailed overview of Xometry's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Xometry (Xometry) Business Description

Traded in Other Exchanges
Address
6116 Executive Boulevard, Suite 800, North Bethesda, MD, USA, 20855
Xometry Inc is engaged in providing AI-enabled manufacturing equipment. Its buyers include engineers, product designers, procurement and supply chain personnel, inventors, and business owners. The manufacturing processes offered by the company include CNC Machining, Injection Molding, Urethane Casting, 3D Printing, and Die Casting. The company is organized into two segments referred to as: (1) the U.S. and (2) International. The majority of the revenue is earned from the U.S. segment.
Executives
James M Rallo officer: Chief Financial Officer C/O LIQUIDITY SERVICES INC., 1920 L STREET, N.W., 6TH FLOOR, WASHINGTON DC 20036
Matthew Leibel officer: Chief Technology Officer 7529 STANDISH PLACE, SUITE 200, CO XOMETRY, INC., DERWOOD MD 20855
Bill Cronin officer: Chief Revenue Officer 180 CONCORD DRIVE, MADISON CT 06824
Emily Rollins director C/O DOLBY LABORATORIES, INC., 1275 MARKET STREET, SAN FRANCISCO CA 94103
Peter Goguen officer: Chief Operating Officer 7529 STANDISH PLACE, SUITE 200, DERWOOD MD 20855
George Hornig director C/O CREDIT SUISSE FIRST BOSTON PRIVATE, 11 MADISON AVE, NEW YORK NY 10010
Katharine Weymouth director 1300 NORTH 17TH STREET, SUITE 1700, ARLINGTON VA 22209
Randolph Altschuler director, officer: Chief Executive Officer 7529 STANDISH PLACE, SUITE 200, DERWOOD MD 20855
Laurence Zuriff director, officer: Chief Strategy Officer 7529 STANDISH PLACE, SUITE 200, DERWOOD MD 20855
Kathy Mayerhofer officer: Chief Sales Officer 7529 STANDISH PLACE, SUITE 200, DERWOOD CA 20855
Highland Leaders Fund I, L.p. 10 percent owner ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142
Highland Leaders Fund I Gp, Llc 10 percent owner ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142
Highland Leaders Fund I Gp, L.p. 10 percent owner ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142
Highland Capital Partners 9 Limited Partnership 10 percent owner ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142
Highland Capital Partners 9-b Limited Partnership 10 percent owner ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142

Xometry (Xometry) Headlines

From GuruFocus

Xometry Inc CFO James Rallo Sells 4,404 Shares

By GuruFocus Research 01-06-2024