Arcosa Inc (ACA)
Operating return on assets (Operating ROA)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 217,300 | 382,600 | 383,200 | 389,400 | 349,000 | 156,500 | 145,000 | 119,100 | 107,300 | 108,500 | 113,100 | 129,600 | 151,800 | 165,500 | 166,200 | 160,700 | 152,900 | 149,100 | 112,700 | |
| Total assets | US$ in thousands | 3,577,900 | 3,489,600 | 3,495,600 | 3,417,100 | 3,340,600 | 3,380,600 | 3,337,300 | 3,256,800 | 3,188,100 | 3,301,200 | 3,090,200 | 2,666,000 | 2,646,700 | 2,635,000 | 2,560,200 | 2,621,600 | 2,302,500 | 2,218,000 | 2,171,900 | 2,142,800 |
| Operating ROA | 6.07% | 10.96% | 10.96% | 11.40% | 10.45% | 4.63% | 4.34% | 3.66% | 3.37% | 3.29% | 3.66% | 4.86% | 5.74% | 6.28% | 6.49% | 6.13% | 6.64% | 6.72% | 5.19% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $217,300K ÷ $3,577,900K
= 6.07%
Arcosa Inc's operating return on assets (operating ROA) has shown fluctuating trends over the past eight quarters. The operating ROA ranged from a low of 3.75% in Q1 2022 to a high of 5.11% in Q4 2023. Despite some variability, the operating ROA has generally been on an upward trajectory since Q1 2022.
Overall, Arcosa Inc's operating ROA indicates how efficiently the company is generating profits from its assets. The increasing trend in operating ROA suggests improved operational efficiency and profitability over time. It is essential for investors and stakeholders to monitor this ratio to assess the company's performance and management of its assets in generating profits.
Peer comparison
Dec 31, 2023