CF Industries Holdings Inc (CF)
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 | 1,746,000 | 2,230,000 | 5,397,000 | 1,729,000 | 623,000 |
Total assets | US$ in thousands | 13,466,000 | 14,376,000 | 13,313,000 | 12,375,000 | 12,023,000 |
Operating ROA | 12.97% | 15.51% | 40.54% | 13.97% | 5.18% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $1,746,000K ÷ $13,466,000K
= 12.97%
Operating ROA for CF Industries Holdings Inc has shown a fluctuating trend over the years, ranging from 5.18% in December 31, 2020 to a peak of 40.54% in December 31, 2022. This indicates a significant improvement in the company's ability to generate operating income from its assets during the period. The sharp increase in 2022 suggests improved efficiency and profitability in asset utilization. However, the metric decreased slightly to 12.97% by December 31, 2024, which could signify a decline in operating performance efficiency compared to the previous year. Overall, the company has shown a strong performance in generating operating income relative to its assets, with slight fluctuations in recent years.
Peer comparison
Dec 31, 2024