Berry Global Group Inc (BERY)

Return on assets (ROA)

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Net income	US$ in thousands	516,000	609,000	766,000	733,000	559,000
Total assets	US$ in thousands	16,613,000	16,587,000	16,956,000	17,882,000	16,701,000
ROA		3.11%	3.67%	4.52%	4.10%	3.35%

September 30, 2024 calculation

ROA = Net income ÷ Total assets
= $516,000K ÷ $16,613,000K
= 3.11%

Berry Global Group Inc's return on assets (ROA) has fluctuated over the past five years. The ROA decreased from 3.35% in 2020 to 3.11% in 2024, showing a slight downward trend. However, it is important to note that the ROA increased from 2022 to 2023 and then decreased in 2024. Overall, the company's ROA has ranged from 3.11% to 4.52% during this period, indicating variability in the efficiency of the company in generating profits from its assets. Further analysis and comparison with industry benchmarks may provide valuable insights into the company's performance and efficiency in asset utilization.

Peer comparison

Sep 30, 2024

Company name

Symbol

ROA

Berry Global Group Inc

BERY

3.11%

AptarGroup Inc

ATR

6.39%

Armstrong World Industries Inc