Carlisle Companies Incorporated (CSL)
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 | 1,772,700 | 1,732,500 | 1,753,800 | 775,100 | 684,500 | 736,100 | 725,200 | 832,100 | 924,000 | 877,900 | 765,300 | 563,100 | 421,700 | 374,200 | 334,400 | 310,500 | 320,100 | 342,100 | 377,700 | 455,200 |
Total assets | US$ in thousands | 5,816,600 | 6,478,400 | 6,728,300 | 6,645,900 | 6,620,000 | 6,816,000 | 7,176,200 | 7,115,400 | 7,222,000 | 7,732,000 | 7,577,700 | 7,323,000 | 7,246,800 | 7,074,600 | 5,839,300 | 5,752,200 | 5,866,400 | 5,800,000 | 5,808,300 | 6,297,600 |
ROA | 30.48% | 26.74% | 26.07% | 11.66% | 10.34% | 10.80% | 10.11% | 11.69% | 12.79% | 11.35% | 10.10% | 7.69% | 5.82% | 5.29% | 5.73% | 5.40% | 5.46% | 5.90% | 6.50% | 7.23% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $1,772,700K ÷ $5,816,600K
= 30.48%
Carlisle Companies Incorporated's return on assets (ROA) has shown varying trends over the periods provided. The ROA ranged from 5.40% to 12.79% between March 31, 2021, and December 31, 2022, showing some fluctuations. However, the ROA experienced a significant increase from March 31, 2023, where it reached 11.69%, peaking at 30.48% by December 31, 2024.
The upward trend in ROA from 2023 to 2024 indicates that Carlisle Companies Incorporated became more efficient in generating profits relative to its assets. This increase may suggest improved management of assets, cost controls, or increased revenue generation. The substantial surge in ROA in the later periods could be a result of strategic decisions or operational improvements within the company.
Overall, the increasing ROA trend is generally positive for Carlisle Companies Incorporated, as it suggests that the company is utilizing its assets more effectively to generate higher returns. Investors and stakeholders may view this positively, as a higher ROA indicates better profitability and efficiency in utilizing the company's resources.
Peer comparison
Dec 31, 2024