Cabot Corporation (CBT)
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 | 614,000 | 526,000 | 389,000 | 454,000 | 21,000 |
| Total assets | US$ in thousands | 3,736,000 | 3,604,000 | 3,525,000 | 3,306,000 | 2,781,000 |
| Operating ROA | 16.43% | 14.59% | 11.04% | 13.73% | 0.76% |
September 30, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $614,000K ÷ $3,736,000K
= 16.43%
Cabot Corporation's operating return on assets (operating ROA) has shown an upward trend over the past five years, increasing from 0.76% in 2020 to 16.43% in 2024. This indicates that the company has been generating more operating income relative to its total assets over the years. The significant improvement in operating ROA suggests that Cabot Corporation has been effectively utilizing its assets to generate operating profits. The positive trend in operating ROA reflects the company's operational efficiency and profitability growth. However, it is important to further analyze the underlying factors driving this improvement to assess the sustainability of these positive performance indicators.
Peer comparison
Sep 30, 2024