Crane Company (CR)
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 | 355,800 | 283,800 | 557,300 | 502,300 | 262,900 |
| Total assets | US$ in thousands | 2,641,900 | 2,333,600 | 4,397,000 | 4,486,600 | 4,588,900 |
| Operating ROA | 13.47% | 12.16% | 12.67% | 11.20% | 5.73% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $355,800K ÷ $2,641,900K
= 13.47%
The operating return on assets (operating ROA) of Crane Company has shown a steady improvement over the past five years. Starting at 5.73% on December 31, 2020, the operating ROA increased to 11.20% by December 31, 2021. Subsequently, there was a further increase to 12.67% by December 31, 2022, followed by a slight decline to 12.16% by December 31, 2023. The most recent data point indicates a notable increase to 13.47% as of December 31, 2024. This positive trend in operating ROA suggests that Crane Company has been effectively utilizing its assets to generate operating profits, demonstrating operational efficiency and potentially favorable financial performance.
Peer comparison
Dec 31, 2024