Ball Corporation (BALL)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 851,000 | 1,244,000 | 1,209,000 | 1,223,000 | 1,363,000 | 1,191,000 | 1,182,000 | 1,225,000 | 1,267,000 | 1,423,000 | 1,442,000 | 1,445,000 | 1,423,000 | 1,370,000 | 1,373,000 | 1,302,000 | 1,265,000 | 1,245,000 | 1,194,000 | 1,211,000 |
| Total assets | US$ in thousands | 17,628,000 | 18,824,000 | 18,961,000 | 19,898,000 | 19,303,000 | 19,932,000 | 20,171,000 | 20,109,000 | 19,909,000 | 20,053,000 | 20,926,000 | 20,926,000 | 19,714,000 | 20,132,000 | 19,146,000 | 17,979,000 | 18,252,000 | 16,972,000 | 16,610,000 | 16,545,000 |
| Operating ROA | 4.83% | 6.61% | 6.38% | 6.15% | 7.06% | 5.98% | 5.86% | 6.09% | 6.36% | 7.10% | 6.89% | 6.91% | 7.22% | 6.81% | 7.17% | 7.24% | 6.93% | 7.34% | 7.19% | 7.32% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $851,000K ÷ $17,628,000K
= 4.83%
The operating return on assets (Operating ROA) for Ball Corporation has shown some fluctuations over the past few years based on the provided data.
From March 31, 2020, to December 31, 2022, the operating ROA remained relatively stable, fluctuating within a narrow range between 6.91% to 7.34%. However, a slight decrease was observed by the end of December 31, 2022, which could indicate potential operational challenges impacting the company's profitability.
From March 31, 2023, to December 31, 2024, the operating ROA experienced a more significant decline, reaching a low of 4.83% by the end of December 31, 2024. This downward trend suggests that Ball Corporation may be facing challenges in generating operating profits relative to its asset base during this period.
Overall, the fluctuating trend in Ball Corporation's operating ROA indicates potential shifts in operational efficiency and profitability over time, requiring further analysis to understand the underlying factors driving these changes.
Peer comparison
Dec 31, 2024