Colgate-Palmolive Company (CL)
Operating return on assets (Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 4,267,000 | 4,276,000 | 4,240,000 | 4,122,000 | 3,984,000 | 3,114,000 | 3,032,000 | 2,942,000 | 2,893,000 | 3,056,000 | 3,076,000 | 3,188,000 | 3,332,000 | 3,936,000 | 3,987,000 | 3,937,000 | 3,885,000 | 3,847,000 | 3,685,000 | 3,627,000 |
| Total assets | US$ in thousands | 16,046,000 | 16,774,000 | 16,480,000 | 16,571,000 | 16,393,000 | 16,043,000 | 16,227,000 | 16,173,000 | 15,731,000 | 16,288,000 | 15,711,000 | 15,723,000 | 15,040,000 | 15,880,000 | 15,999,000 | 15,801,000 | 15,920,000 | 15,466,000 | 15,141,000 | 15,070,000 |
| Operating ROA | 26.59% | 25.49% | 25.73% | 24.87% | 24.30% | 19.41% | 18.68% | 18.19% | 18.39% | 18.76% | 19.58% | 20.28% | 22.15% | 24.79% | 24.92% | 24.92% | 24.40% | 24.87% | 24.34% | 24.07% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $4,267,000K ÷ $16,046,000K
= 26.59%
Colgate-Palmolive Company's operating return on assets (operating ROA) has exhibited some fluctuations over the analyzed periods. The operating ROA stood at a healthy 24.07% as of March 31, 2020, showing consistent performance. Subsequently, there were minor increases in the operating ROA for the next few quarters, reaching a peak of 26.59% by December 31, 2024.
However, from March 31, 2022, to June 30, 2023, there was a noticeable decline in the operating ROA, dropping to 18.19%. This downward trend continued until September 30, 2023, after which there was a gradual recovery in the operating ROA. By December 31, 2023, the operating ROA had improved to 24.30%, showing a significant rebound.
Overall, despite some fluctuations, Colgate-Palmolive Company's operating ROA demonstrates a strong performance, with periods of both growth and decline. Monitoring and analyzing these changes can provide valuable insights into the company's efficiency in utilizing its assets to generate operating income.
Peer comparison
Dec 31, 2024