CSW Industrials, Inc. (CSW)
Operating return on assets (Operating ROA)
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 181,064 | 181,948 | 181,242 | 179,228 | 169,672 | 159,118 | 145,296 | 140,827 | 134,151 | 129,818 | 119,815 | 108,851 | 99,426 | 87,027 | 83,433 | 75,401 | 71,689 | 59,468 | 57,684 | 64,056 |
| Total assets | US$ in thousands | 1,535,920 | 1,379,060 | 1,350,200 | 1,359,300 | 1,050,530 | 1,043,330 | 993,131 | 1,011,310 | 1,033,100 | 1,043,450 | 1,047,670 | 1,021,390 | 1,017,920 | 995,360 | 950,045 | 903,022 | 904,242 | 874,957 | 880,577 | 391,667 |
| Operating ROA | 11.79% | 13.19% | 13.42% | 13.19% | 16.15% | 15.25% | 14.63% | 13.93% | 12.99% | 12.44% | 11.44% | 10.66% | 9.77% | 8.74% | 8.78% | 8.35% | 7.93% | 6.80% | 6.55% | 16.35% |
June 30, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $181,064K ÷ $1,535,920K
= 11.79%
The operating return on assets (ROA) for CSW Industrials, Inc. demonstrates a general upward trend over the analyzed period, indicative of improving operational efficiency in utilizing assets to generate earnings. Starting from a significant high of 16.35% as of September 30, 2020, the metric experienced a notable decline, reaching a low of 6.55% by December 31, 2020, which may reflect strategic shifts or temporary operational challenges during that period.
Subsequently, the ROA exhibited a steady recovery, increasing gradually through 2021 and into 2022. It crossed the 8% threshold in March 2021 and continued its ascent, reaching approximately 10.66% at the end of September 2022 and surpassing 11% by the close of 2022. The upward momentum persisted into 2023, with the ROA registering approximately 12.44% in March, 12.99% in June, and achieving a peak of about 13.93% as of September 2023.
The positive trend continued into early 2024, with the metric reaching approximately 14.63% in December 2023 and 15.25% in March 2024. However, in the subsequent quarters, a decline is observed, with the ROA decreasing to around 16.15% as of June 2024, and then declining further to approximately 13.19% in September 2024. The trend persisted into the first half of 2025, with the ROA declining further, reaching about 11.79% as of June 2025.
Overall, the operating ROA reflects periods of growth interrupted by short-term declines, but the general pattern indicates an improving operational efficiency over the long term, with peaks around mid-2024 followed by some recent moderation. This suggests that while CSW Industrials, Inc. has been effective in enhancing its asset utilization for generating operating income, recent fluctuations may warrant further analysis to understand underlying operational or market factors affecting its performance.
Peer comparison
Jun 30, 2025