Carlisle Companies Incorporated (CSL)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,311,800 | 767,400 | 924,000 | 421,700 | 320,100 |
| Total assets | US$ in thousands | 5,816,600 | 6,620,000 | 7,222,000 | 7,246,800 | 5,866,400 |
| ROA | 22.55% | 11.59% | 12.79% | 5.82% | 5.46% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $1,311,800K ÷ $5,816,600K
= 22.55%
Based on the data provided, Carlisle Companies Incorporated's return on assets (ROA) has shown a generally positive trend over the years. The ROA increased from 5.46% as of December 31, 2020, to 22.55% as of December 31, 2024. This indicates that the company has been effectively utilizing its assets to generate profits during this period.
The significant increase in ROA from 2020 to 2024 suggests that Carlisle Companies Incorporated has been improving its efficiency in generating profits relative to its total assets. This may be a result of better asset management, cost control, or increased revenue generation.
The ROA of 12.79% as of December 31, 2022, and 11.59% as of December 31, 2023, also demonstrates a strong performance in utilizing assets efficiently to generate returns for the company.
Overall, the increasing trend in ROA indicates that Carlisle Companies Incorporated has been successful in optimizing its asset utilization and generating positive returns for its shareholders over the years.
Peer comparison
Dec 31, 2024