Crane Company (CR)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 294,700 | 263,100 | 241,000 | 215,000 | 255,900 | 303,700 | 189,200 | 424,100 | 423,400 | 398,300 | 574,200 | 432,000 | 435,400 | 410,100 | 350,100 | 226,600 | 181,000 | 21,600 | 37,500 | 113,700 |
| Total assets | US$ in thousands | 2,641,900 | 2,651,900 | 2,506,700 | 2,418,400 | 2,333,600 | 2,191,900 | 2,179,100 | 4,336,000 | 4,397,000 | 4,132,400 | 4,521,400 | 4,353,200 | 4,486,600 | 4,474,500 | 4,423,200 | 4,586,500 | 4,588,900 | 4,623,000 | 4,630,300 | 4,464,600 |
| ROA | 11.15% | 9.92% | 9.61% | 8.89% | 10.97% | 13.86% | 8.68% | 9.78% | 9.63% | 9.64% | 12.70% | 9.92% | 9.70% | 9.17% | 7.92% | 4.94% | 3.94% | 0.47% | 0.81% | 2.55% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $294,700K ÷ $2,641,900K
= 11.15%
Crane Company's return on assets (ROA) has fluctuated over the past few years based on the data provided. The ROA started at a relatively low level of 2.55% as of March 31, 2020, and showed a downward trend in the subsequent quarters, reaching a low of 0.47% as of September 30, 2020. However, there was a significant improvement in ROA by the end of December 31, 2020, reaching 3.94%.
From March 31, 2021, to June 30, 2022, Crane Company's ROA showed a consistent and impressive increase, with ROA peaking at 12.70% as of June 30, 2022. Subsequently, there was a slight decrease in ROA but remained relatively high, averaging around 9-10% throughout 2023. The highest ROA during this period was recorded on September 30, 2023, at 13.86%.
In the last quarter available for analysis, December 31, 2024, Crane Company's ROA was at 11.15%, indicating a solid performance in generating profits relative to its total assets.
Overall, the trend in Crane Company's ROA indicates fluctuations in profitability efficiency over the years, with notable improvements seen in certain quarters. It is crucial for the company to continue monitoring and managing its assets effectively to sustain and further enhance its profitability in the future.
Peer comparison
Dec 31, 2024