Amcor PLC (AMCR)
Operating return on assets (Operating ROA)
| 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 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,214,000 | 1,144,000 | 1,119,000 | 1,436,000 | 1,508,000 | 1,435,000 | 1,522,000 | 1,285,000 | 1,239,000 | 1,352,000 | 1,356,000 | 1,341,000 | 1,321,000 | 1,266,000 | 1,164,000 | 1,129,000 | 994,000 | 895,900 | 806,200 | |
| Total assets | US$ in thousands | 16,524,000 | 16,660,000 | 16,727,000 | 16,683,000 | 17,003,000 | 17,278,000 | 17,475,000 | 17,292,000 | 17,426,000 | 17,987,000 | 17,138,000 | 17,044,000 | 17,188,000 | 16,592,000 | 16,718,000 | 16,465,000 | 16,442,000 | 16,421,000 | 16,832,600 | 16,730,700 |
| Operating ROA | 7.35% | 6.87% | 6.69% | 8.61% | 8.87% | 8.31% | 8.71% | 7.43% | 7.11% | 7.52% | 7.91% | 7.87% | 7.69% | 7.63% | 6.96% | 6.86% | 6.05% | 5.46% | 4.79% |
June 30, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,214,000K ÷ $16,524,000K
= 7.35%
Operating Return on Assets (Operating ROA) is a key financial ratio that measures a company's ability to generate profits from its assets utilized in its core operations. For Amcor PLC, the operating ROA has shown some fluctuations over the past few quarters, ranging from 4.79% in Q3 2019 to 8.87% in Q2 2023.
The trend indicates that the company's operating efficiency in generating profits from its assets has improved overall, as the ratio has generally increased over the analyzed period. However, there have been some slight fluctuations in between quarters.
The average operating ROA for Amcor PLC over the analyzed period stands at around 7.25%. This suggests that, on average, the company is generating approximately $7.25 in operating income for every $100 of assets employed in its operations.
It is important for investors and analysts to continue monitoring the company's operating ROA to assess its operational efficiency and profitability levels in utilizing its assets effectively.
Peer comparison
Jun 30, 2024