Century Aluminum Company (CENX)
Operating return on assets (Operating ROA)
| Dec 31, 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 121,400 | 13,300 | 6,200 | 31,800 | -27,900 | -55,200 | -204,000 | -150,200 | -69,200 | 22,600 | 184,200 | 66,000 | 2,300 | -75,900 | -113,000 | -80,500 | -70,200 | -57,500 | -48,800 | -72,200 |
| Total assets | US$ in thousands | 1,939,400 | 1,805,200 | 1,849,900 | 1,846,500 | 1,761,000 | 1,747,300 | 1,399,100 | 1,472,000 | 1,583,600 | 1,585,000 | 1,688,700 | 1,569,900 | 1,489,200 | 1,405,400 | 1,363,400 | 1,399,600 | 1,405,400 | 1,524,000 | 1,591,100 | 1,499,700 |
| Operating ROA | 6.26% | 0.74% | 0.34% | 1.72% | -1.58% | -3.16% | -14.58% | -10.20% | -4.37% | 1.43% | 10.91% | 4.20% | 0.15% | -5.40% | -8.29% | -5.75% | -5.00% | -3.77% | -3.07% | -4.81% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $121,400K ÷ $1,939,400K
= 6.26%
Century Aluminum Company's operating return on assets (operating ROA) has exhibited a fluctuating trend over the period from December 2019 to December 2024. The company's operating ROA started at -4.81% in December 2019 and improved gradually, reaching a peak of 10.91% in March 2022. However, the ROA declined significantly in the following quarters, reaching a low of -14.58% in March 2023.
Subsequently, there were fluctuations in the operating ROA, with occasional positive and negative returns recorded. Notably, the operating ROA rebounded back into positive territory, reaching 6.26% in December 2024.
Overall, the operating ROA of Century Aluminum Company indicates a mixed performance in effectively generating operating profits relative to its total assets over the analyzed period. The company may need to focus on sustaining positive returns and implementing strategies to improve its operational efficiency and asset utilization for long-term profitability.
Peer comparison
Dec 31, 2024