Archer-Daniels-Midland Company (ADM)
Operating return on assets (Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 2,879,000 | 3,832,000 | 4,311,000 | 4,839,000 | 3,390,000 | 3,428,000 | 3,740,000 | 3,642,000 | 3,792,000 | 3,431,000 | 2,847,000 | 2,497,000 | 3,408,000 | 3,206,000 | 2,959,000 | 2,454,000 | 2,271,000 | 2,316,000 | 2,096,000 | 2,123,000 |
| Total assets | US$ in thousands | 52,199,000 | 52,698,000 | 54,831,000 | 54,631,000 | 55,093,000 | 55,499,000 | 58,802,000 | 59,774,000 | 58,304,000 | 61,828,000 | 64,866,000 | 56,136,000 | 52,298,000 | 50,958,000 | 51,478,000 | 49,719,000 | 44,795,000 | 44,341,000 | 48,395,000 | 43,997,000 |
| Operating ROA | 5.52% | 7.27% | 7.86% | 8.86% | 6.15% | 6.18% | 6.36% | 6.09% | 6.50% | 5.55% | 4.39% | 4.45% | 6.52% | 6.29% | 5.75% | 4.94% | 5.07% | 5.22% | 4.33% | 4.83% |
September 30, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $2,879,000K ÷ $52,199,000K
= 5.52%
Archer-Daniels-Midland Company's operating return on assets (operating ROA) has shown fluctuating trends over the past several quarters. The operating ROA has ranged from 4.33% to 8.86% during the period from December 2019 to September 2024.
The operating ROA peaked at 8.86% in December 2023 and then gradually decreased until June 2024. However, there was a slight increase in the operating ROA in September 2024 compared to the previous quarter. Overall, the operating ROA has generally been within the range of 4.33% to 8.86% over the past few years.
It is essential for the company to monitor and analyze the factors contributing to these fluctuations in operating ROA to ensure sustained profitability and efficiency in asset utilization. Additional analysis could help identify opportunities for improvement or potential risks that could impact the company's financial performance in the future.
Peer comparison
Sep 30, 2024