Carlisle Companies Incorporated (CSL)
Return on assets (ROA)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 767,400 | 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 | 472,800 | 458,300 | 420,100 | 380,900 |
| Total assets | US$ in thousands | 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 | 5,496,000 | 5,541,100 | 5,396,700 | 5,301,700 |
| ROA | 11.59% | 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% | 8.60% | 8.27% | 7.78% | 7.18% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $767,400K ÷ $6,620,000K
= 11.59%
Carlisle Companies Inc.'s return on assets (ROA) has shown a fluctuating trend over the past eight quarters. The ROA ranged between 7.69% and 12.79%, with the highest ROA reported in Q4 2022 at 12.79% and the lowest in Q1 2022 at 7.69%. Despite some volatility, the ROA generally remained above 10% for the majority of the periods, indicating that the company has been effectively utilizing its assets to generate profits. The average ROA over these eight quarters is approximately 10.93%, suggesting that Carlisle Companies Inc. has been efficient in generating earnings relative to its asset base over this time period. Further analysis of the company's financial performance and asset management strategies would be beneficial to assess the sustainability and growth potential of its ROA in the future.
Peer comparison
Dec 31, 2023