CNH Industrial N.V. (CNH)
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 | 3,871,000 | 4,318,000 | 4,630,000 | 4,884,000 | 4,985,000 | 4,904,000 | 4,882,000 | 4,643,000 | 4,366,000 | 3,980,000 | 3,651,000 | 3,587,000 | 3,683,000 | 4,011,000 | 3,728,000 | 1,543,000 | 781,000 | 684,000 | 492,000 | 2,419,000 |
| Total assets | US$ in thousands | 42,933,000 | 44,033,000 | 43,959,000 | 45,726,000 | 46,351,000 | 43,041,000 | 42,687,000 | 40,566,000 | 39,381,000 | 35,844,000 | 35,648,000 | 36,485,000 | 49,416,000 | 47,693,000 | 49,222,000 | 46,705,000 | 48,719,000 | 45,069,000 | 45,019,000 | 43,913,000 |
| Operating ROA | 9.02% | 9.81% | 10.53% | 10.68% | 10.75% | 11.39% | 11.44% | 11.45% | 11.09% | 11.10% | 10.24% | 9.83% | 7.45% | 8.41% | 7.57% | 3.30% | 1.60% | 1.52% | 1.09% | 5.51% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $3,871,000K ÷ $42,933,000K
= 9.02%
Operating return on assets (Operating ROA) is a key financial metric that indicates the efficiency of a company in generating operating profits relative to its total assets. For CNH Industrial N.V., the Operating ROA has shown fluctuating trends over the quarters provided in the data.
- The trend of Operating ROA for CNH Industrial N.V. from March 2020 to December 2024 indicates some variability in the company's operational efficiency. The metric started at 5.51% in March 2020 and experienced a notable decline to 1.09% by June 2020. This significant drop suggests a potential decrease in the company's ability to generate operating profits relative to its assets during that period.
- However, from June 2020 to September 2021, there was a gradual improvement in CNH Industrial N.V.'s Operating ROA, reaching a peak of 8.41% in September 2021. This uptrend signifies an enhancement in the company's operational performance and efficiency in utilizing its assets to generate operating profits.
- Subsequently, there was a slight decrease in Operating ROA in December 2021, followed by a significant increase to 11.10% by September 2022. This spike demonstrates a commendable operational efficiency and profitability for CNH Industrial N.V. during that period.
- Although the Operating ROA slightly declined by the end of December 2024 to 9.02%, the overall trend indicates that CNH Industrial N.V. has been able to maintain reasonable operational performance and generate profits utilizing its assets effectively during the period covered in the data.
Analyzing the Operating ROA trends can provide insights into the company's operational efficiency, asset utilization, and profitability over time. It is essential for investors and stakeholders to monitor these trends to assess the company's financial health and performance.
Peer comparison
Dec 31, 2024