Adient PLC (ADNT)
Operating return on assets (Operating ROA)
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 0 | 59,000 | -166,000 | -86,000 | -612,000 |
| Total assets | US$ in thousands | 9,351,000 | 9,424,000 | 9,158,000 | 10,778,000 | 10,261,000 |
| Operating ROA | 0.00% | 0.63% | -1.81% | -0.80% | -5.96% |
September 30, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $0K ÷ $9,351,000K
= 0.00%
Adient PLC's operating return on assets (operating ROA) has shown fluctuating trends over the past five years. The operating ROA was -5.96% in Sep 30, 2020, indicating significant operating losses relative to its assets. Subsequently, there was an improvement in the operating ROA to -0.80% in Sep 30, 2021, but the company still experienced negative returns on its assets.
In Sep 30, 2022, the operating ROA deteriorated further to -1.81%, suggesting continued operational challenges impacting the company's ability to generate profits from its assets. However, there was a slight recovery in Sep 30, 2023, with the operating ROA improving to 0.63%, indicating a positive return from its operating activities compared to the previous year.
Most recently, in Sep 30, 2024, Adient PLC's operating ROA dropped to 0.00%, signifying a return to breakeven levels or potentially minimal profitability relative to its asset base. Overall, the company has struggled to consistently generate strong returns on its assets, as evidenced by the varying and generally low operating ROA figures in the past five years.
Peer comparison
Sep 30, 2024