Curtiss-Wright Corporation (CW)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 404,978 | 354,509 | 294,348 | 267,159 | 201,392 |
| Total assets | US$ in thousands | 4,985,700 | 4,620,970 | 4,448,300 | 4,103,540 | 4,021,330 |
| ROA | 8.12% | 7.67% | 6.62% | 6.51% | 5.01% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $404,978K ÷ $4,985,700K
= 8.12%
The return on assets (ROA) for Curtiss-Wright Corporation has shown a positive trend over the years based on the provided data. The ROA increased from 5.01% as of December 31, 2020, to 8.12% as of December 31, 2024, indicating an improvement in the company's efficiency in generating profit from its assets. This progressive growth in ROA suggests that Curtiss-Wright has been effectively utilizing its assets to generate earnings. The consistent rise in ROA demonstrates the company's ability to efficiently manage its assets and generate higher returns for its shareholders.
Peer comparison
Dec 31, 2024
Company name
Symbol
ROA
Curtiss-Wright Corporation
CW
8.12%
Eaton Corporation PLC
ETN
8.37%
Enerpac Tool Group Corp
EPAC
11.03%