Aecom Technology Corporation (ACM)
Return on assets (ROA)
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 402,266 | 55,332 | 310,611 | 173,185 | -186,370 |
| Total assets | US$ in thousands | 12,061,700 | 11,233,400 | 11,139,300 | 11,734,000 | 12,999,000 |
| ROA | 3.34% | 0.49% | 2.79% | 1.48% | -1.43% |
September 30, 2024 calculation
ROA = Net income ÷ Total assets
= $402,266K ÷ $12,061,700K
= 3.34%
Aecom Technology Corporation's return on assets (ROA) has shown a fluctuating trend over the past five years. In the most recent fiscal year ending on September 30, 2024, the ROA stood at 3.34%, representing a significant increase compared to the previous year's 0.49%. This substantial improvement indicates that the company is effectively generating profit relative to its assets.
Looking further back, the ROA was 2.79% in 2022 and 1.48% in 2021. Both these figures demonstrate a positive trend in the company's ability to generate earnings from its assets. However, it is worth noting that in the fiscal year ending September 30, 2020, Aecom reported a negative ROA of -1.43%. This negative figure indicates that the company faced challenges in generating profits relative to its asset base during that period.
Overall, Aecom's ROA performance has shown improvement over the years, with the most recent year exhibiting a significant positive change. This improvement is a positive sign of the company's operational efficiency and profitability in utilizing its assets to generate returns for its shareholders.
Peer comparison
Sep 30, 2024