Amcor PLC (AMCR)
Operating return on assets (Operating ROA)
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,214,000 | 1,508,000 | 1,239,000 | 1,321,000 | 994,000 |
| Total assets | US$ in thousands | 16,524,000 | 17,003,000 | 17,426,000 | 17,188,000 | 16,442,000 |
| Operating ROA | 7.35% | 8.87% | 7.11% | 7.69% | 6.05% |
June 30, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $1,214,000K ÷ $16,524,000K
= 7.35%
Amcor PLC's operating return on assets (operating ROA) has shown variability over the past five years. The trend indicates a fluctuation in the efficiency of the company in generating operating profits from its assets. In 2023, the operating ROA was the highest at 8.87%, reflecting a strong performance in that year. However, there was a decrease in 2024 to 7.35%, which may indicate a slight decline in operational efficiency. Despite this decrease, the operating ROA in 2024 remains relatively healthy compared to previous years, suggesting that the company is still effectively utilizing its assets to generate operating income. Overall, the trend in operating ROA for Amcor PLC suggests some level of consistency in converting assets into operating profits, with performance varying slightly from year to year.
Peer comparison
Jun 30, 2024