Carlisle Companies Incorporated (CSL)
Operating return on assets (Operating ROA)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 982,800 | 1,204,800 | 567,500 | 487,800 | 634,100 |
| Total assets | US$ in thousands | 6,620,000 | 7,222,000 | 7,246,800 | 5,866,400 | 5,496,000 |
| Operating ROA | 14.85% | 16.68% | 7.83% | 8.32% | 11.54% |
December 31, 2023 calculation
Operating ROA = Operating income ÷ Total assets
= $982,800K ÷ $6,620,000K
= 14.85%
The operating return on assets (ROA) for Carlisle Companies Inc. has fluctuated over the past five years, as illustrated by the data provided. In 2023, the operating ROA was 14.81%, indicating that the company generated 14.81 cents of operating income for every dollar of assets it had. This represents a decrease from the previous year, where the operating ROA was 17.93%.
Looking back further, the operating ROA was 7.82% in 2021 and 8.29% in 2020, showing a significant improvement from those years. The highest operating ROA during this period was in 2019 at 11.71%.
Overall, the trend of the operating ROA for Carlisle Companies Inc. suggests some variability in the company's ability to generate operating income relative to its total assets. It is important for investors and analysts to further examine the underlying reasons for these fluctuations to understand the company's operational performance and efficiency in asset utilization.
Peer comparison
Dec 31, 2023