Carlisle Companies Incorporated (CSL)
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 | 1,143,100 | 982,800 | 1,275,700 | 336,600 | 487,800 |
| Total assets | US$ in thousands | 5,816,600 | 6,620,000 | 7,222,000 | 7,246,800 | 5,866,400 |
| Operating ROA | 19.65% | 14.85% | 17.66% | 4.64% | 8.32% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $1,143,100K ÷ $5,816,600K
= 19.65%
Operating return on assets (ROA) is a crucial financial ratio that indicates the efficiency and profitability of a company in generating profits from its assets. Analyzing the data provided for Carlisle Companies Incorporated from 2020 to 2024, we observe fluctuations in the operating ROA.
In 2020, the operating ROA stood at 8.32%, indicating that for every dollar of assets, the company generated 8.32 cents in operating profit. However, there was a decline in 2021, with the operating ROA dropping to 4.64%. This decrease suggests a lower ability to generate profits from assets during that period.
The trend reversed in 2022, where the operating ROA significantly increased to 17.66%. This surge indicates an improvement in efficiency and profitability in utilizing company assets to generate operating income. In 2023, the operating ROA remained robust at 14.85%, demonstrating the company's sustained ability to generate profits relative to its asset base.
By the end of 2024, Carlisle Companies Incorporated achieved a notable operating ROA of 19.65%, signifying a further enhancement in operational efficiency and profitability. The upward trajectory in the operating ROA over the years suggests that the company has been effectively utilizing its assets to drive operating performance and financial results.
Overall, the fluctuation in Carlisle Companies Incorporated's operating ROA underscores the importance of continuously monitoring and analyzing this ratio to assess the company's operational efficiency and profitability in generating returns from its asset base.
Peer comparison
Dec 31, 2024