Cabot Corporation (CBT)
Operating return on assets (Operating ROA)
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 614,000 | 606,000 | 584,000 | 557,000 | 526,000 | 527,000 | 545,000 | 577,000 | 389,000 | 320,000 | 286,000 | 253,000 | 454,000 | 310,000 | 180,000 | 76,000 | 21,000 | 166,000 | 243,000 | 292,000 |
| Total assets | US$ in thousands | 3,736,000 | 3,580,000 | 3,596,000 | 3,695,000 | 3,604,000 | 3,387,000 | 3,519,000 | 3,535,000 | 3,525,000 | 3,568,000 | 3,524,000 | 3,315,000 | 3,306,000 | 3,225,000 | 3,047,000 | 2,980,000 | 2,781,000 | 3,019,000 | 3,097,000 | 3,151,000 |
| Operating ROA | 16.43% | 16.93% | 16.24% | 15.07% | 14.59% | 15.56% | 15.49% | 16.32% | 11.04% | 8.97% | 8.12% | 7.63% | 13.73% | 9.61% | 5.91% | 2.55% | 0.76% | 5.50% | 7.85% | 9.27% |
September 30, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $614,000K ÷ $3,736,000K
= 16.43%
Cabot Corporation's operating return on assets (operating ROA) has shown a positive trend over the periods displayed in the data. The operating ROA has generally improved from 7.63% in December 2021 to 16.43% in September 2024. This indicates that the company has been generating more operating income relative to its total assets over time.
The fluctuations in operating ROA may reflect changes in the company's operating efficiency, profitability, and asset utilization. The peak operating ROA of 16.93% in June 2024 suggests a period of strong performance, while the low of 0.76% in December 2019 indicates challenges in generating operating income compared to the asset base.
Overall, the increasing trend in Cabot Corporation's operating ROA is a positive indicator of its operational effectiveness and ability to generate profits from its assets. It would be beneficial to monitor this metric over time to assess the company's ongoing financial health and performance.
Peer comparison
Sep 30, 2024