GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Saia Inc (NAS:SAIA) » Definitions » Return-on-Tangible-Asset

Saia (SAIA) Return-on-Tangible-Asset : 6.13% (As of Mar. 2025)


View and export this data going back to 2002. Start your Free Trial

What is Saia Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Saia's annualized Net Income for the quarter that ended in Mar. 2025 was $199 Mil. Saia's average total tangible assets for the quarter that ended in Mar. 2025 was $3,250 Mil. Therefore, Saia's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 6.13%.

The historical rank and industry rank for Saia's Return-on-Tangible-Asset or its related term are showing as below:

SAIA' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.5   Med: 10.42   Max: 17.95
Current: 10.53

During the past 13 years, Saia's highest Return-on-Tangible-Asset was 17.95%. The lowest was 6.50%. And the median was 10.42%.

SAIA's Return-on-Tangible-Asset is ranked better than
83.58% of 999 companies
in the Transportation industry
Industry Median: 4.15 vs SAIA: 10.53

Saia Return-on-Tangible-Asset Historical Data

The historical data trend for Saia's Return-on-Tangible-Asset 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.

Saia Return-on-Tangible-Asset Chart

Saia Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.47 15.10 17.95 15.03 12.67

Saia Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Asset 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 Premium Member Only Premium Member Only Premium Member Only 13.65 14.42 12.35 9.79 6.13

Competitive Comparison of Saia's Return-on-Tangible-Asset

For the Trucking subindustry, Saia's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


Saia's Return-on-Tangible-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Saia's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Saia's Return-on-Tangible-Asset falls into.


;
;

Saia Return-on-Tangible-Asset Calculation

Saia's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=362.065/( (2566.269+3150.415)/ 2 )
=362.065/2858.342
=12.67 %

Saia's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=199.24/( (3150.415+3348.992)/ 2 )
=199.24/3249.7035
=6.13 %

* 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2025) net income data.


Saia  (NAS:SAIA) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset 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. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset 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 Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Saia Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Saia's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Saia Business Description

Industry
Traded in Other Exchanges
Address
11465 Johns Creek Parkway, Suite 400, Johns Creek, GA, USA, 30097
Saia ranks among the 10 largest less-than-truckload carriers in the United States, with more than 200 facilities and a fleet of more than 6,500 tractors and 26,000 trailers. As a national LTL carrier, the firm offers time-definite and expedited options for shipments ranging between 100 and 10,000 pounds. Saia ranks among the top-tier providers in terms of profitability.
Executives
Raymond R Ramu officer: Chief Customer Officer 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Kelly W Benton officer: VP & Controller 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Donna E Epps director 11465 JOHNS CREEK PARKWAY, SUITE400, JOHNS CREEK GA 30097
Patrick D Sugar officer: EVP Operations 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Holzgrefe Frederick J Iii officer: VP Finance, CFO and Secretary 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Rohit Lal officer: VP Information Technology, CIO 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Richard D Odell officer: President & CEO of Saia 11465 JOHNS CREEK PARKWAY, STE 400, JOHNS CREEK GA 30097
Di-ann Eisnor director 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Gainor John P Jr director 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Douglas L Col officer: VP Finance, CFO 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Susan F Ward director 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Anthony R Norwood officer: EVP & CHRO 11465 JOHNS CREEK PARKWAY, JOHNS CREEK GA 30097
Kevin A Henry director 13024 BALLANTYNE CORPORATE PLACE, HARRIS BUILDING, SUITE 900, CHARLOTTE NC 28277
Donald R James director 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Karla J Staver officer: VP Safety and Human Resources 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097