Curtiss-Wright Corporation (CW)
Operating return on assets (Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 484,602 | 481,154 | 456,218 | 441,548 | 423,443 | 371,563 | 361,649 | 358,127 | 382,683 | 353,798 | 340,702 | 301,468 | 288,848 | 333,022 | 354,018 | 404,354 | 403,953 | 393,304 | 384,782 | 381,173 |
| Total assets | US$ in thousands | 4,620,970 | 4,413,960 | 4,441,100 | 4,362,120 | 4,448,300 | 4,342,160 | 4,402,530 | 4,089,370 | 4,103,540 | 4,083,300 | 4,084,980 | 3,981,050 | 4,021,330 | 3,959,780 | 3,642,670 | 3,631,390 | 3,764,260 | 3,482,310 | 3,426,640 | 3,328,800 |
| Operating ROA | 10.49% | 10.90% | 10.27% | 10.12% | 9.52% | 8.56% | 8.21% | 8.76% | 9.33% | 8.66% | 8.34% | 7.57% | 7.18% | 8.41% | 9.72% | 11.13% | 10.73% | 11.29% | 11.23% | 11.45% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $484,602K ÷ $4,620,970K
= 10.49%
The operating return on assets (operating ROA) for Curtiss-Wright Corp. has shown a consistent improvement over the past eight quarters, with a gradual upward trend. The company's operating ROA increased from 9.62% in Q4 2022 to 10.49% in Q4 2023, indicating an enhancement in the efficiency of utilizing its assets to generate operating income. This improvement suggests that Curtiss-Wright Corp. has been able to effectively manage its operations and assets to generate higher returns. The company's ability to maintain a stable and increasing operating ROA reflects positively on its operational performance and efficiency in generating profits relative to its asset base.
Peer comparison
Dec 31, 2023