Crane Company (CR)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 294,700 | 255,900 | 401,100 | 435,400 | 181,000 |
| Total assets | US$ in thousands | 2,641,900 | 2,333,600 | 4,397,000 | 4,486,600 | 4,588,900 |
| ROA | 11.15% | 10.97% | 9.12% | 9.70% | 3.94% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $294,700K ÷ $2,641,900K
= 11.15%
Based on the data provided, Crane Company's return on assets (ROA) has shown a positive trend over the years. The ROA has steadily increased from 3.94% as of December 31, 2020, to 11.15% as of December 31, 2024. This indicates that the company is effectively utilizing its assets to generate profits. The improvement in ROA suggests that Crane Company's management has been efficient in generating earnings relative to its total assets. Overall, the increasing trend in ROA reflects positively on the company's operational efficiency and profitability.
Peer comparison
Dec 31, 2024
Company name
Symbol
ROA
Crane Company
CR
11.15%
Crane NXT Co
CXT
7.71%
Parker-Hannifin Corporation
PH
9.71%
Watts Water Technologies Inc
WTS
12.15%