Aecom Technology Corporation (ACM)

Return on assets (ROA)

Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Net income (ttm) US$ in thousands 402,266 255,191 -13,783 61,825 55,332 135,459 372,048 336,990 310,593 301,193 210,805 208,648 173,200 -153,300 -75,400 -200,900 -186,400 -430,300 -436,000 -272,100
Total assets US$ in thousands 12,061,700 12,046,600 11,457,400 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
ROA 3.34% 2.12% -0.12% 0.54% 0.49% 1.19% 3.27% 2.95% 2.79% 2.68% 1.88% 1.82% 1.48% -1.28% -0.63% -1.61% -1.43% -3.30% -3.32% -1.79%

September 30, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $402,266K ÷ $12,061,700K
= 3.34%

Aecom Technology Corporation's return on assets (ROA) fluctuated over the past few quarters. In the most recent quarter, ending September 30, 2024, the ROA stood at 3.34%, indicating that the company generated a net income of 3.34% for every dollar of assets it holds. This is an improvement compared to the previous quarter, which had an ROA of 2.12%.

The ROA had a significant decline in the first quarter of 2024, where it dropped to -0.12%, implying that the company experienced a net loss relative to its total assets. However, Aecom managed to recover in the following quarter with an ROA of 0.54%.

Looking back over the past few years, Aecom's ROA has generally been positive, with some fluctuations. There were periods of stronger performance, such as in the first quarter of 2023 when the ROA reached 3.27%, and in the second quarter of 2022 when it was at 2.95%.

On the other hand, there were also periods of weaker performance, such as in the fourth quarter of 2019 and the first quarter of 2021 when the company experienced negative ROA figures, indicating that losses were incurred relative to the assets held during those periods.

Overall, monitoring the ROA trend can provide insights into Aecom Technology Corporation's efficiency in generating profits from its assets and can help assess the company's financial health and effectiveness in asset utilization over time.


Peer comparison

Sep 30, 2024

Company name
Symbol
ROA
Aecom Technology Corporation
ACM
3.34%
Tetra Tech Inc
TTEK
9.08%