Chemours Co (CC)

Operating return on assets (Operating ROA)

Dec 31, 2024 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
Operating income (ttm) US$ in thousands 455,000 375,000 341,000 -198,000 -83,000 -62,000 182,000 779,000 878,000 1,207,000 1,148,000 1,007,000 815,000 580,000 429,000 438,000 448,000 321,000 343,000 443,000
Total assets US$ in thousands 7,515,000 7,463,000 7,249,000 7,978,000 8,251,000 7,948,000 7,660,000 7,624,000 7,640,000 7,745,000 7,730,000 7,524,000 7,550,000 7,530,000 7,479,000 7,170,000 7,082,000 6,948,000 7,034,000 6,948,000
Operating ROA 6.05% 5.02% 4.70% -2.48% -1.01% -0.78% 2.38% 10.22% 11.49% 15.58% 14.85% 13.38% 10.79% 7.70% 5.74% 6.11% 6.33% 4.62% 4.88% 6.38%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $455,000K ÷ $7,515,000K
= 6.05%

The operating return on assets (operating ROA) of Chemours Co has shown fluctuations over the analyzed periods. It started at 6.38% as of March 31, 2020, dipped to 4.62% by September 30, 2020, and then recovered to 6.33% by December 31, 2020. The trend continued upward reaching 15.58% by September 30, 2022. However, the metric declined to -1.01% by December 31, 2023, indicating a negative return on assets. The operating ROA improved in the subsequent periods, reaching 6.05% by December 31, 2024.

This indicates that Chemours Co has experienced mixed performance in generating operating earnings from its assets during the analyzed periods, with both positive and negative returns noted. It is essential for the company to closely monitor and manage its operating ROA to ensure efficient asset utilization and improve overall financial health.