Name: Return on Assets (ROA)

Definition: ROA shows how efficiently the company turns everything it owns — its entire asset base — into net profit after all costs and taxes. A higher ROA means the business squeezes more profit from its assets. Lower ROA might reflect poor asset utilization or heavy reliance on expensive financing.

Interpretation:
• In '2021', KMPR's return on assets was -0.8%, representing returns generated from total assets. Industry average for Property-Casualty Insurers in '2021' stood at 2.0%.
• In '2022', KMPR's return on assets was -2.0%, representing returns generated from total assets. The decline from '2021' may indicate some operational or financial challenges. Industry average for Property-Casualty Insurers in '2022' stood at -0.1%. Industry average declined by 2.0% from previous year.
• In '2023', KMPR's return on assets was -2.1%, representing returns generated from total assets. The decline from '2022' may indicate some operational or financial challenges. Industry average for Property-Casualty Insurers in '2023' stood at -0.0%. Industry average increased by 0.0% compared to previous year.
• In '2024', KMPR's return on assets was 2.5%, representing returns generated from total assets. The increase since '2023' reflects strengthening financial performance. Industry average for Property-Casualty Insurers in '2024' stood at 2.2%. Industry average increased by 2.2% compared to previous year.
Overall, KMPR's return on assets has been volatile but showed an upward trend over the past 4 years.

Formula: ROA = Net Income / Total Assets

Good Range: Commonly 5%-15%.