Cabot Corporation (CBT)
Operating return on assets (Operating ROA)
| 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 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 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 | 306,000 | 339,000 | 364,000 |
| Total assets | US$ in thousands | 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 | 3,004,000 | 3,119,000 | 3,272,000 |
| Operating ROA | 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% | 10.19% | 10.87% | 11.12% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $557,000K ÷ $3,695,000K
= 15.07%
To analyze Cabot Corp.'s operating return on assets (operating ROA), we can examine the trend and fluctuations in the data provided.
- During the most recent quarter, Q1 2024, Cabot Corp. reported an operating ROA of 15.07%, a slight increase from the previous quarter's figure of 14.68% in Q4 2023.
- Looking further back, the operating ROA ranged from 13.22% in Q2 2022 to a high of 16.23% in Q4 2022.
- Over the past eight quarters, there seems to be some variability in Cabot Corp.'s operating ROA, with fluctuations between 13.22% and 16.23%.
- Despite the fluctuations, Cabot Corp.'s operating ROA has generally remained above 14% over the period analyzed, indicating the company's ability to generate operating profits relative to its total assets.
- It is worth noting that the company's operating ROA was highest in Q4 2022 at 16.23% but has shown a modest decline since then.
- Overall, the trend in Cabot Corp.'s operating ROA suggests a relatively stable performance with some fluctuations, potentially influenced by factors such as operational efficiency, asset utilization, and profitability levels.
Peer comparison
Dec 31, 2023