Church & Dwight Company Inc (CHD)
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 | 807,100 | 1,057,400 | 597,800 | 1,079,100 | 1,029,700 |
| Total assets | US$ in thousands | 8,883,100 | 8,569,200 | 8,345,600 | 7,996,500 | 7,414,500 |
| Operating ROA | 9.09% | 12.34% | 7.16% | 13.49% | 13.89% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $807,100K ÷ $8,883,100K
= 9.09%
Based on the provided data, Church & Dwight Company Inc's operating return on assets (operating ROA) has shown some fluctuations over the years. In December 31, 2020, the operating ROA stood at 13.89%, indicating the company generated approximately $0.1389 in operating income for every dollar of assets.
Throughout the subsequent years, there were variances in the operating ROA figures. By December 31, 2021, the operating ROA decreased slightly to 13.49%. The performance further declined to 7.16% by December 31, 2022, possibly indicating challenges or inefficiencies in asset utilization or operating income generation.
However, the company managed to improve its operating performance by increasing the operating ROA to 12.34% by December 31, 2023. Nonetheless, by December 31, 2024, there was a decline to 9.09%, which meant the company generated $0.0909 in operating income for every dollar of assets at that point in time.
Overall, the trend in operating ROA for Church & Dwight Company Inc demonstrates variability in the company's ability to efficiently generate operating income from its assets. It is important for the company to assess the factors influencing these fluctuations and take appropriate measures to improve its operational efficiency and asset utilization going forward.
Peer comparison
Dec 31, 2024