Cabot Corporation (CBT)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 441,000 | 445,000 | 305,000 | 320,000 | 352,000 | 209,000 | 144,000 | 133,000 | 101,000 | 250,000 | -51,000 | -143,000 | -219,000 | -238,000 | 67,000 | 105,000 | 129,000 | 157,000 | 218,000 | 274,000 |
| 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 |
| ROA | 11.94% | 12.35% | 9.01% | 9.09% | 9.96% | 5.93% | 4.04% | 3.77% | 3.05% | 7.56% | -1.58% | -4.69% | -7.35% | -8.56% | 2.22% | 3.39% | 4.09% | 5.23% | 6.99% | 8.37% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $441,000K ÷ $3,695,000K
= 11.94%
Cabot Corp.'s return on assets (ROA) has exhibited fluctuations over the past eight quarters. The company's ROA ranged from a low of 3.66% in Q2 2022 to a high of 12.13% in Q4 2023. Overall, the trend shows an improvement in ROA performance in more recent quarters, with Q1 2024 and Q4 2023 demonstrating higher returns compared to earlier periods. This suggests that Cabot Corp. has been more efficient in generating profits from its assets in the recent past. However, it is important to further investigate the reasons behind these fluctuations in ROA to assess the company's overall financial health and performance.
Peer comparison
Dec 31, 2023