Crown Holdings Inc (CCK)
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 | 1,419,000 | 1,269,000 | 1,336,000 | 1,363,000 | 1,048,000 |
Total assets | US$ in thousands | 13,848,000 | 15,034,000 | 14,301,000 | 13,858,000 | 16,691,000 |
Operating ROA | 10.25% | 8.44% | 9.34% | 9.84% | 6.28% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $1,419,000K ÷ $13,848,000K
= 10.25%
Operating ROA for Crown Holdings Inc has shown a positive trend over the years, increasing from 6.28% in December 2020 to 10.25% in December 2024. This indicates that the company has been more efficient in generating operating income relative to its assets over the period analyzed. The improvement in operating ROA suggests that Crown Holdings Inc has been able to effectively utilize its assets to generate operating profits, which is a positive indicator of operational efficiency and performance. However, there was a slight decrease observed in 2023 compared to the previous year, which could be a point for further analysis to understand the underlying factors influencing the company's operating performance. Overall, the upward trend in operating ROA reflects positively on the company's ability to generate returns from its operational activities.
Peer comparison
Dec 31, 2024