The Cooper Companies, Inc. Common Stock (COO)
Return on assets (ROA)
| Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 392,300 | 359,300 | 339,900 | 290,800 | 294,200 | 275,300 | 288,400 | 375,200 | 385,900 | 430,600 | 948,000 | 938,900 | 2,944,700 | 2,915,600 | 2,355,000 | 2,249,000 | 238,400 | 278,200 | 343,100 | 454,000 |
| Total assets | US$ in thousands | 12,315,200 | 12,108,000 | 12,047,400 | 12,032,600 | 11,658,900 | 11,697,300 | 11,539,500 | 11,561,100 | 11,492,300 | 11,552,100 | 11,778,000 | 11,662,500 | 9,606,200 | 9,610,600 | 9,013,800 | 8,921,900 | 6,737,500 | 6,748,400 | 6,510,000 | 6,548,500 |
| ROA | 3.19% | 2.97% | 2.82% | 2.42% | 2.52% | 2.35% | 2.50% | 3.25% | 3.36% | 3.73% | 8.05% | 8.05% | 30.65% | 30.34% | 26.13% | 25.21% | 3.54% | 4.12% | 5.27% | 6.93% |
October 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $392,300K ÷ $12,315,200K
= 3.19%
The return on assets (ROA) of The Cooper Companies, Inc. Common Stock has shown fluctuations over the period under review. The ROA ranged from as low as 2.42% in Jan 31, 2024, to as high as 30.65% in Oct 31, 2021. Some notable trends include a gradual decline from 8.05% in Apr 30, 2022, to 2.82% in Apr 30, 2024, followed by a slight increase to 2.97% in Jul 31, 2024.
The elevated ROA figures of 30.65% and 30.34% in Oct 31, 2021, and Jul 31, 2021, respectively, stand out as significant spikes, indicating potentially exceptional performance during those periods.
Overall, the ROA trend appears to exhibit variability, suggesting that The Cooper Companies, Inc. may have experienced fluctuations in asset efficiency and profitability over the evaluated period. Further analysis and context regarding the company's operational and financial strategies would be necessary to provide a more in-depth understanding of the factors driving these ROA fluctuations.
Peer comparison
Oct 31, 2024