Crown Holdings Inc (CCK)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 424,000 | 98,000 | 432,000 | 415,000 | 450,000 | 507,000 | 475,000 | 613,000 | 727,000 | -363,000 | -388,000 | -555,000 | -560,000 | 592,000 | 704,000 | 702,000 | 579,000 | 515,000 | 484,000 | 495,000 |
| Total assets | US$ in thousands | 13,848,000 | 15,095,000 | 14,858,000 | 14,691,000 | 15,034,000 | 14,321,000 | 14,569,000 | 14,412,000 | 14,301,000 | 14,224,000 | 14,399,000 | 14,430,000 | 13,858,000 | 16,006,000 | 16,695,000 | 16,180,000 | 16,691,000 | 15,629,000 | 15,265,000 | 15,533,000 |
| ROA | 3.06% | 0.65% | 2.91% | 2.82% | 2.99% | 3.54% | 3.26% | 4.25% | 5.08% | -2.55% | -2.69% | -3.85% | -4.04% | 3.70% | 4.22% | 4.34% | 3.47% | 3.30% | 3.17% | 3.19% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $424,000K ÷ $13,848,000K
= 3.06%
The return on assets (ROA) of Crown Holdings Inc has shown some fluctuations over the past few years. From March 31, 2020, to March 31, 2021, the ROA increased steadily from 3.19% to 4.34%, indicating improved efficiency in generating profit from its assets. However, there was a significant decline in ROA by the end of 2021 to -4.04% and continued into the first half of 2022, reaching as low as -2.69%.
The company managed to recover in the latter half of 2022, achieving an ROA of 5.08%, signaling a strong performance in utilizing its assets. The trend continued into 2023, with ROA ranging between 2.99% and 4.25%. Although there was a slight decline in the ROA to 2.82% by March 31, 2024, it remained relatively stable around 3% in the subsequent quarters.
Overall, Crown Holdings Inc's ROA reflects some volatility over the analyzed period, with periods of both improvement and decline. It suggests the company's varying ability to generate profits relative to the assets it possesses, necessitating further examination of its operational and financial strategies to sustain or enhance its profitability in the future.
Peer comparison
Dec 31, 2024