Aecom Technology Corporation (ACM)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | -261,100 | 297,100 | 274,300 |
| 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 |
| ROA | 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% | -1.79% | 2.01% | 1.86% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $61,825K ÷ $11,389,900K
= 0.54%
The return on assets (ROA) for AECOM has shown some fluctuation over the past eight quarters. In Q1 2024, the ROA was 0.54%, which was an increase from the previous quarter's 0.49%. However, it is notably lower compared to Q2 and Q3 2023 when the ROA stood at 3.27% and 1.19%, respectively.
The most significant ROA in recent quarters was seen in Q2 2023 at 3.27%, indicating more efficient asset utilization to generate profit. Since then, the ROA has gradually decreased but remained above 1% in each subsequent quarter.
Overall, AECOM's ROA trend suggests that the company has been able to generate a reasonable level of profit relative to its assets, with fluctuations observed in recent quarters. It is important to monitor future trends to assess the company's ongoing operational efficiency and profitability.
Peer comparison
Dec 31, 2023