Profitability ratios measure the company ability to generate profitable sales from its resources (assets).
Profitability Ratios (Summary)
Based on: 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29).
Profitability ratio | Description | The company |
---|---|---|
Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | NXP Semiconductors N.V. gross profit margin ratio improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | NXP Semiconductors N.V. operating profit margin ratio improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | NXP Semiconductors N.V. net profit margin ratio improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
Profitability ratio | Description | The company |
---|---|---|
ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | NXP Semiconductors N.V. ROE improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
ROA | A profitability ratio calculated as net income divided by total assets. | NXP Semiconductors N.V. ROA improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
Gross Profit Margin
Jul 3, 2022 | Apr 3, 2022 | Dec 31, 2021 | Oct 3, 2021 | Jul 4, 2021 | Apr 4, 2021 | Dec 31, 2020 | Sep 27, 2020 | Jun 28, 2020 | Mar 29, 2020 | |||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | ||||||||||||||
Gross profit | 1,882) | 1,777) | 1,707) | 1,583) | 1,422) | 1,355) | 1,288) | 1,090) | 860) | 997) | ||||
Revenue | 3,312) | 3,136) | 3,039) | 2,861) | 2,596) | 2,567) | 2,507) | 2,267) | 1,817) | 2,021) | ||||
Profitability Ratio | ||||||||||||||
Gross profit margin1 | 56.28% | 55.79% | 54.84% | 53.63% | 51.88% | 50.15% | 49.18% | — | — | — | ||||
Benchmarks | ||||||||||||||
Gross Profit Margin, Competitors2 | ||||||||||||||
Advanced Micro Devices Inc. | 48.01% | 48.53% | 48.25% | 46.82% | 45.71% | 44.79% | 44.53% | 44.47% | 44.36% | 43.69% | ||||
Analog Devices Inc. | 58.33% | 57.81% | 61.83% | 68.04% | 67.36% | 66.37% | 65.87% | 65.39% | 65.56% | 66.43% | ||||
Applied Materials Inc. | 47.51% | 47.67% | 47.32% | 46.69% | 45.83% | 44.96% | 44.72% | 44.23% | 44.04% | 43.81% | ||||
Broadcom Inc. | 64.42% | 62.95% | 61.36% | 60.18% | 58.98% | 57.54% | 56.58% | 55.70% | 55.21% | 55.32% | ||||
First Solar Inc. | 14.50% | 22.38% | 24.97% | 24.50% | 27.34% | 25.99% | 25.10% | 24.40% | 22.42% | 20.87% | ||||
Intel Corp. | 49.85% | 54.32% | 55.45% | 56.27% | 55.59% | 54.62% | 56.01% | 56.52% | 57.88% | 59.51% | ||||
KLA Corp. | 60.77% | 60.27% | 59.93% | 59.38% | 58.80% | 58.43% | 57.81% | 56.81% | 56.09% | 57.21% | ||||
Lam Research Corp. | 46.30% | 46.19% | 46.53% | 46.49% | 46.59% | 46.43% | 45.88% | 45.86% | 45.20% | 45.13% | ||||
Micron Technology Inc. | 45.81% | 41.37% | 37.62% | 33.66% | 30.70% | 31.37% | 30.57% | 29.03% | 30.33% | 36.11% | ||||
Monolithic Power Systems Inc. | 58.05% | 57.34% | 56.75% | 56.18% | 55.49% | 55.25% | 55.18% | 55.13% | 55.14% | 55.15% | ||||
NVIDIA Corp. | 63.76% | 62.43% | 62.34% | 62.62% | 62.84% | 63.47% | 61.99% | 59.49% | 58.57% | 59.64% | ||||
Qualcomm Inc. | 58.51% | 58.16% | 57.51% | 59.82% | 59.99% | 60.17% | 60.67% | 56.96% | 65.07% | 65.22% | ||||
Texas Instruments Inc. | 69.26% | 68.68% | 67.47% | 66.36% | 65.46% | 64.70% | 64.10% | 63.49% | 63.65% | 63.68% |
Based on: 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29).
1 Q2 2022 Calculation
Gross profit margin = 100
× (Gross profitQ2 2022
+ Gross profitQ1 2022
+ Gross profitQ4 2021
+ Gross profitQ3 2021)
÷ (RevenueQ2 2022
+ RevenueQ1 2022
+ RevenueQ4 2021
+ RevenueQ3 2021)
= 100 × (1,882 + 1,777 + 1,707 + 1,583)
÷ (3,312 + 3,136 + 3,039 + 2,861)
= 56.28%
2 Click competitor name to see calculations.
Profitability ratio | Description | The company |
---|---|---|
Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | NXP Semiconductors N.V. gross profit margin ratio improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
Operating Profit Margin
Jul 3, 2022 | Apr 3, 2022 | Dec 31, 2021 | Oct 3, 2021 | Jul 4, 2021 | Apr 4, 2021 | Dec 31, 2020 | Sep 27, 2020 | Jun 28, 2020 | Mar 29, 2020 | |||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | ||||||||||||||
Operating income (loss) | 943) | 873) | 807) | 711) | 573) | 492) | 463) | 32) | (145) | 68) | ||||
Revenue | 3,312) | 3,136) | 3,039) | 2,861) | 2,596) | 2,567) | 2,507) | 2,267) | 1,817) | 2,021) | ||||
Profitability Ratio | ||||||||||||||
Operating profit margin1 | 27.00% | 25.48% | 23.35% | 21.26% | 15.70% | 9.19% | 4.85% | — | — | — | ||||
Benchmarks | ||||||||||||||
Operating Profit Margin, Competitors2 | ||||||||||||||
Advanced Micro Devices Inc. | 16.83% | 20.86% | 22.20% | 20.27% | 18.83% | 16.23% | 14.02% | 13.27% | 11.56% | 10.63% | ||||
Analog Devices Inc. | 20.42% | 18.87% | 23.12% | 31.59% | 30.06% | 28.83% | 26.74% | 24.91% | 25.30% | 26.56% | ||||
Applied Materials Inc. | 31.80% | 31.37% | 29.87% | 28.47% | 26.49% | 25.30% | 25.37% | 24.26% | 23.58% | 23.20% | ||||
Broadcom Inc. | 37.37% | 34.35% | 31.03% | 28.16% | 24.83% | 20.81% | 16.80% | 15.27% | 14.85% | 15.90% | ||||
First Solar Inc. | 12.55% | 11.12% | 20.07% | 17.95% | 21.14% | 19.05% | 11.71% | 4.05% | -0.77% | -2.73% | ||||
Intel Corp. | 18.88% | 25.87% | 24.62% | 25.93% | 26.00% | 26.17% | 30.41% | 31.49% | 32.90% | 32.88% | ||||
KLA Corp. | 38.90% | 37.26% | 35.97% | 34.43% | 28.42% | 27.28% | 25.87% | 23.51% | 26.24% | 27.73% | ||||
Lam Research Corp. | 31.60% | 31.06% | 30.64% | 29.55% | 28.68% | 28.02% | 26.62% | 26.37% | 25.20% | 25.40% | ||||
Micron Technology Inc. | 31.86% | 27.17% | 22.68% | 17.60% | 15.21% | 15.19% | 14.01% | 12.33% | 13.36% | 20.04% | ||||
Monolithic Power Systems Inc. | 26.27% | 23.47% | 21.73% | 20.27% | 19.87% | 18.65% | 18.81% | 19.23% | 17.41% | 17.14% | ||||
NVIDIA Corp. | 33.36% | 28.62% | 27.18% | 27.17% | 27.13% | 29.41% | 26.07% | 21.46% | 22.40% | 26.72% | ||||
Qualcomm Inc. | 32.65% | 30.88% | 29.16% | 31.74% | 30.35% | 29.04% | 26.58% | 17.52% | 32.49% | 32.59% | ||||
Texas Instruments Inc. | 51.52% | 50.55% | 48.84% | 47.02% | 45.19% | 42.73% | 40.76% | 38.81% | 38.79% | 39.58% |
Based on: 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29).
1 Q2 2022 Calculation
Operating profit margin = 100
× (Operating income (loss)Q2 2022
+ Operating income (loss)Q1 2022
+ Operating income (loss)Q4 2021
+ Operating income (loss)Q3 2021)
÷ (RevenueQ2 2022
+ RevenueQ1 2022
+ RevenueQ4 2021
+ RevenueQ3 2021)
= 100 × (943 + 873 + 807 + 711)
÷ (3,312 + 3,136 + 3,039 + 2,861)
= 27.00%
2 Click competitor name to see calculations.
Profitability ratio | Description | The company |
---|---|---|
Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | NXP Semiconductors N.V. operating profit margin ratio improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
Net Profit Margin
Jul 3, 2022 | Apr 3, 2022 | Dec 31, 2021 | Oct 3, 2021 | Jul 4, 2021 | Apr 4, 2021 | Dec 31, 2020 | Sep 27, 2020 | Jun 28, 2020 | Mar 29, 2020 | |||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | ||||||||||||||
Net income (loss) attributable to stockholders | 670) | 657) | 602) | 519) | 397) | 353) | 309) | (22) | (214) | (21) | ||||
Revenue | 3,312) | 3,136) | 3,039) | 2,861) | 2,596) | 2,567) | 2,507) | 2,267) | 1,817) | 2,021) | ||||
Profitability Ratio | ||||||||||||||
Net profit margin1 | 19.83% | 18.70% | 16.91% | 14.98% | 10.44% | 4.65% | 0.60% | — | — | — | ||||
Benchmarks | ||||||||||||||
Net Profit Margin, Competitors2 | ||||||||||||||
Advanced Micro Devices Inc. | 14.51% | 17.98% | 19.24% | 26.72% | 25.76% | 25.24% | 25.50% | 10.17% | 7.96% | 6.72% | ||||
Analog Devices Inc. | 16.84% | 15.18% | 19.00% | 26.15% | 25.16% | 23.99% | 21.79% | 20.14% | 20.05% | 21.06% | ||||
Applied Materials Inc. | 27.20% | 27.10% | 25.53% | 24.54% | 22.35% | 21.19% | 21.04% | 19.58% | 18.89% | 18.83% | ||||
Broadcom Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | ||||
First Solar Inc. | 7.63% | 8.68% | 16.03% | 17.26% | 18.96% | 17.34% | 14.69% | 6.38% | 3.17% | 1.42% | ||||
Intel Corp. | 26.03% | 31.68% | 25.14% | 26.89% | 23.91% | 23.93% | 26.84% | 28.10% | 29.97% | 30.02% | ||||
KLA Corp. | 36.57% | 36.52% | 30.04% | 28.77% | 22.52% | 21.76% | 20.96% | 18.26% | 21.55% | 23.04% | ||||
Lam Research Corp. | 27.78% | 27.07% | 26.72% | 26.07% | 24.85% | 23.60% | 22.42% | 21.81% | 21.67% | 22.38% | ||||
Micron Technology Inc. | 28.95% | 24.86% | 21.16% | 16.20% | 13.60% | 13.59% | 12.54% | 11.16% | 11.72% | 17.01% | ||||
Monolithic Power Systems Inc. | 22.40% | 20.75% | 20.04% | 19.22% | 19.13% | 18.65% | 19.47% | 19.78% | 18.60% | 18.15% | ||||
NVIDIA Corp. | 32.33% | 27.66% | 25.98% | 25.89% | 25.94% | 28.18% | 25.61% | 24.07% | 26.92% | 30.67% | ||||
Qualcomm Inc. | 28.42% | 27.71% | 26.94% | 28.25% | 27.28% | 25.21% | 22.09% | 13.72% | 16.36% | 17.31% | ||||
Texas Instruments Inc. | 43.78% | 43.34% | 42.35% | 41.61% | 40.12% | 40.04% | 38.69% | 36.24% | 36.88% | 35.23% |
Based on: 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29).
1 Q2 2022 Calculation
Net profit margin = 100
× (Net income (loss) attributable to stockholdersQ2 2022
+ Net income (loss) attributable to stockholdersQ1 2022
+ Net income (loss) attributable to stockholdersQ4 2021
+ Net income (loss) attributable to stockholdersQ3 2021)
÷ (RevenueQ2 2022
+ RevenueQ1 2022
+ RevenueQ4 2021
+ RevenueQ3 2021)
= 100 × (670 + 657 + 602 + 519)
÷ (3,312 + 3,136 + 3,039 + 2,861)
= 19.83%
2 Click competitor name to see calculations.
Profitability ratio | Description | The company |
---|---|---|
Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | NXP Semiconductors N.V. net profit margin ratio improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
Return on Equity (ROE)
Jul 3, 2022 | Apr 3, 2022 | Dec 31, 2021 | Oct 3, 2021 | Jul 4, 2021 | Apr 4, 2021 | Dec 31, 2020 | Sep 27, 2020 | Jun 28, 2020 | Mar 29, 2020 | |||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | ||||||||||||||
Net income (loss) attributable to stockholders | 670) | 657) | 602) | 519) | 397) | 353) | 309) | (22) | (214) | (21) | ||||
Stockholders’ equity | 6,962) | 6,509) | 6,528) | 6,738) | 7,442) | 8,303) | 8,944) | 8,876) | 8,862) | 9,036) | ||||
Profitability Ratio | ||||||||||||||
ROE1 | 35.16% | 33.42% | 28.66% | 23.42% | 13.93% | 5.13% | 0.58% | — | — | — | ||||
Benchmarks | ||||||||||||||
ROE, Competitors2 | ||||||||||||||
Advanced Micro Devices Inc. | 5.67% | 6.13% | 42.18% | 55.62% | 48.63% | 44.51% | 42.66% | 22.73% | 18.43% | 16.04% | ||||
Analog Devices Inc. | 4.43% | 3.43% | 3.66% | 13.87% | 12.83% | 11.63% | 10.17% | 9.44% | 9.59% | 10.37% | ||||
Applied Materials Inc. | 58.35% | 55.09% | 48.08% | 44.00% | 36.95% | 33.62% | 34.21% | 33.30% | 32.31% | 32.64% | ||||
Broadcom Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | ||||
First Solar Inc. | 3.21% | 3.67% | 7.86% | 7.77% | 9.73% | 9.08% | 7.22% | 4.14% | 1.89% | 0.84% | ||||
Intel Corp. | 18.88% | 23.87% | 20.83% | 23.42% | 21.78% | 23.30% | 25.79% | 29.44% | 28.85% | 29.78% | ||||
KLA Corp. | 73.76% | 70.61% | 61.53% | 59.60% | 46.59% | 46.99% | 45.65% | 44.35% | 42.61% | 42.32% | ||||
Lam Research Corp. | 70.88% | 73.28% | 64.85% | 64.42% | 53.86% | 48.15% | 43.53% | 46.21% | 47.26% | 43.02% | ||||
Micron Technology Inc. | 18.86% | 16.04% | 13.34% | 9.77% | 7.86% | 7.51% | 6.89% | 5.98% | 6.20% | 9.62% | ||||
Monolithic Power Systems Inc. | 23.59% | 20.83% | 19.46% | 18.25% | 18.30% | 17.04% | 17.01% | 16.83% | 15.06% | 14.56% | ||||
NVIDIA Corp. | 33.48% | 28.37% | 25.64% | 24.95% | 24.36% | 25.34% | 22.91% | 21.50% | 26.53% | 33.91% | ||||
Qualcomm Inc. | 83.73% | 88.12% | 90.88% | 112.56% | 108.05% | 91.17% | 85.54% | 83.00% | 132.94% | 94.02% | ||||
Texas Instruments Inc. | 60.86% | 58.62% | 58.27% | 60.23% | 60.30% | 60.73% | 60.90% | 59.78% | 66.05% | 64.31% |
Based on: 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29).
1 Q2 2022 Calculation
ROE = 100
× (Net income (loss) attributable to stockholdersQ2 2022
+ Net income (loss) attributable to stockholdersQ1 2022
+ Net income (loss) attributable to stockholdersQ4 2021
+ Net income (loss) attributable to stockholdersQ3 2021)
÷ Stockholders’ equity
= 100 × (670 + 657 + 602 + 519)
÷ 6,962 = 35.16%
2 Click competitor name to see calculations.
Profitability ratio | Description | The company |
---|---|---|
ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | NXP Semiconductors N.V. ROE improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
Return on Assets (ROA)
Jul 3, 2022 | Apr 3, 2022 | Dec 31, 2021 | Oct 3, 2021 | Jul 4, 2021 | Apr 4, 2021 | Dec 31, 2020 | Sep 27, 2020 | Jun 28, 2020 | Mar 29, 2020 | |||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | ||||||||||||||
Net income (loss) attributable to stockholders | 670) | 657) | 602) | 519) | 397) | 353) | 309) | (22) | (214) | (21) | ||||
Total assets | 22,539) | 21,321) | 20,864) | 20,010) | 20,622) | 19,392) | 19,847) | 21,122) | 21,057) | 19,511) | ||||
Profitability Ratio | ||||||||||||||
ROA1 | 10.86% | 10.20% | 8.97% | 7.89% | 5.03% | 2.20% | 0.26% | — | — | — | ||||
Benchmarks | ||||||||||||||
ROA, Competitors2 | ||||||||||||||
Advanced Micro Devices Inc. | 4.64% | 5.07% | 25.46% | 35.59% | 32.14% | 28.70% | 27.78% | 12.52% | 9.25% | 8.30% | ||||
Analog Devices Inc. | 3.23% | 2.50% | 2.66% | 7.86% | 7.23% | 6.56% | 5.69% | 5.15% | 5.21% | 5.67% | ||||
Applied Materials Inc. | 26.54% | 25.76% | 22.80% | 21.68% | 18.40% | 16.55% | 16.19% | 15.05% | 13.37% | 14.30% | ||||
Broadcom Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | ||||
First Solar Inc. | 2.55% | 2.92% | 6.32% | 6.23% | 7.77% | 7.28% | 5.60% | 3.20% | 1.40% | 0.62% | ||||
Intel Corp. | 11.21% | 13.96% | 11.80% | 12.56% | 12.00% | 12.35% | 13.65% | 15.11% | 15.51% | 15.39% | ||||
KLA Corp. | 25.57% | 24.46% | 20.23% | 18.68% | 13.93% | 13.85% | 13.11% | 11.57% | 12.30% | 12.20% | ||||
Lam Research Corp. | 27.51% | 27.40% | 24.59% | 22.64% | 19.28% | 17.33% | 15.47% | 16.21% | 17.37% | 17.21% | ||||
Micron Technology Inc. | 14.17% | 12.02% | 9.96% | 7.38% | 5.91% | 5.59% | 5.01% | 4.35% | 4.63% | 7.07% | ||||
Monolithic Power Systems Inc. | 18.80% | 16.11% | 15.26% | 14.19% | 14.50% | 13.30% | 13.60% | 13.25% | 11.94% | 11.75% | ||||
NVIDIA Corp. | 18.32% | 17.30% | 15.05% | 14.23% | 13.46% | 14.27% | 16.15% | 15.25% | 18.56% | 23.47% | ||||
Qualcomm Inc. | 25.19% | 23.32% | 21.93% | 23.74% | 21.58% | 17.95% | 14.60% | 8.49% | 12.67% | 12.81% | ||||
Texas Instruments Inc. | 34.69% | 32.51% | 31.48% | 31.45% | 32.64% | 31.44% | 28.91% | 27.34% | 28.94% | 28.78% |
Based on: 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29).
1 Q2 2022 Calculation
ROA = 100
× (Net income (loss) attributable to stockholdersQ2 2022
+ Net income (loss) attributable to stockholdersQ1 2022
+ Net income (loss) attributable to stockholdersQ4 2021
+ Net income (loss) attributable to stockholdersQ3 2021)
÷ Total assets
= 100 × (670 + 657 + 602 + 519)
÷ 22,539 = 10.86%
2 Click competitor name to see calculations.
Profitability ratio | Description | The company |
---|---|---|
ROA | A profitability ratio calculated as net income divided by total assets. | NXP Semiconductors N.V. ROA improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |