CSW Industrials Inc (CSWI)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 115,623 | 109,627 | 101,647 | 96,951 | 103,328 | 97,604 | 96,436 | 87,819 | 81,526 | 75,366 | 66,384 | 58,338 | 50,932 | 48,761 | 40,200 | 44,400 | 49,800 | 42,600 | 45,900 | 45,000 |
| 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 |
| ROA | 8.51% | 10.44% | 9.74% | 9.76% | 10.22% | 9.45% | 9.24% | 8.38% | 7.98% | 7.40% | 6.67% | 6.14% | 5.64% | 5.39% | 4.57% | 5.04% | 12.71% | 4.87% | 12.27% | 11.82% |
September 30, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $115,623K ÷ $1,359,300K
= 8.51%
CSW Industrials Inc's return on assets (ROA) has shown variability over the past few quarters. The ROA was relatively high in the most recent quarter, standing at 8.51%, indicating that the company generated 8.51 cents of profit for every dollar of assets it owns. This was lower than the previous quarter's ROA of 10.44%, suggesting a slight decrease in efficiency in generating profits from its assets.
Looking at the trend over the past several quarters, CSW Industrials Inc has generally maintained a ROA above 5%, which indicates that the company has been effectively utilizing its assets to generate profits. However, there have been fluctuations in the ROA, with some quarters showing higher performance than others.
It is important for stakeholders to monitor CSW Industrials Inc's ROA closely to assess the company's operational efficiency and profitability in relation to its asset base. Further analysis and comparison with industry peers would provide more insights into the company's overall financial health and performance.
Peer comparison
Sep 30, 2024