Chemours Co (CC)
Operating return on assets (Operating ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 457,000 | -92,000 | 913,000 | 888,000 | 509,000 |
Total assets | US$ in thousands | 7,515,000 | 8,251,000 | 7,640,000 | 7,550,000 | 7,082,000 |
Operating ROA | 6.08% | -1.12% | 11.95% | 11.76% | 7.19% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $457,000K ÷ $7,515,000K
= 6.08%
The operating return on assets (operating ROA) of Chemours Co has shown varying trends over the past five years. In December 2020, the operating ROA was reported at 7.19%, indicating that the company generated $0.0719 in operating income for every dollar of assets.
By December 2021, there was a notable improvement in operating ROA, reaching 11.76%. This suggests that the company became more efficient in utilizing its assets to generate operating profits.
In the following year, December 2022, the operating ROA further increased to 11.95%, reflecting sustained operational efficiency and profitability.
However, there was a significant decline in December 2023, with the operating ROA plunging to -1.12%. This negative value indicates that the company experienced operating losses relative to its assets during this period.
By December 2024, the operating ROA recovered slightly to 6.08%, but it remained below the levels seen in the previous years.
Overall, the fluctuations in Chemours Co's operating ROA suggest varying levels of operational efficiency and profitability, and it will be important for the company to address the factors contributing to the negative performance in 2023 to ensure sustainable returns in the future.
Peer comparison
Dec 31, 2024