CSW Industrials Inc (CSWI)
Operating return on assets (Operating ROA)
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 178,528 | 168,972 | 159,118 | 154,544 | 150,075 | 143,399 | 139,066 | 128,239 | 118,576 | 109,351 | 97,380 | 85,113 | 75,781 | 71,869 | 59,220 | 57,472 | 63,843 | 61,785 | 65,853 | 67,002 |
| Total assets | US$ in thousands | 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 | 879,522 | 880,577 | 391,667 | 874,957 | 374,059 | 380,694 |
| Operating ROA | 13.13% | 16.08% | 15.25% | 15.56% | 14.84% | 13.88% | 13.33% | 12.24% | 11.61% | 10.74% | 9.78% | 8.96% | 8.39% | 7.95% | 6.73% | 6.53% | 16.30% | 7.06% | 17.60% | 17.60% |
September 30, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $178,528K ÷ $1,359,300K
= 13.13%
Operating ROA for CSW Industrials Inc has shown a consistent upward trend over the past eight quarters, starting at 6.53% in Mar 31, 2020, and increasing steadily to reach 16.08% in Jun 30, 2024. This indicates that the company has been effectively utilizing its assets to generate operating profits. The significant improvement in operating ROA demonstrates the company's ability to efficiently convert its assets into operating income.
The latest figure of 16.08% in Jun 30, 2024, is higher compared to the historical average, reflecting improving operational efficiency and profitability. The company's management may have implemented strategies to enhance asset utilization, optimize operations, or improve margins. Investors and stakeholders may view this positively as it indicates a stronger financial performance and potentially higher returns for them. Overall, the increasing trend in operating ROA for CSW Industrials Inc suggests effective management of assets and operational performance that bodes well for the company's financial health.
Peer comparison
Sep 30, 2024