Aecom Technology Corporation (ACM)

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 335,466 324,087 427,753 716,176 630,227 646,763 633,063 610,563 656,682 629,600 524,600 483,000 435,500 381,500 447,900 454,500 452,500 396,100 441,400 476,700
Total assets US$ in thousands 11,389,900 11,233,400 11,426,400 11,386,500 11,405,700 11,139,300 11,248,300 11,196,100 11,443,000 11,734,000 11,963,100 11,983,800 12,504,600 12,999,000 13,045,100 13,115,300 15,229,400 14,550,900 14,795,200 14,737,000
Operating ROA 2.95% 2.89% 3.74% 6.29% 5.53% 5.81% 5.63% 5.45% 5.74% 5.37% 4.39% 4.03% 3.48% 2.93% 3.43% 3.47% 2.97% 2.72% 2.98% 3.23%

December 31, 2023 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $335,466K ÷ $11,389,900K
= 2.95%

Operating return on assets (ROA) measures a company's operating profitability relative to its total assets. AECOM's operating ROA has shown variability over the past eight quarters. In Q1 2023, the operating ROA was 6.28%, which declined slightly to 6.20% in Q3 2022 before increasing to 6.03% in Q2 2022. The operating ROA then experienced a significant increase to 6.48% in Q2 2023, but decreased to 3.97% in Q3 2023. In the most recent quarter, Q4 2023, the operating ROA improved to 4.56%. Overall, the operating ROA for AECOM has fluctuated within a range, indicating some level of volatility in the company's operating profitability relative to its asset base. Analyzing trends in operating ROA can provide insights into AECOM's operational efficiency and effectiveness in generating profits from its assets.


Peer comparison

Dec 31, 2023

Company name
Symbol
Operating ROA
Aecom Technology Corporation
ACM
2.95%
Tetra Tech Inc
TTEK
9.55%