Curtiss-Wright Corporation (CW)
Return on assets (ROA)
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 | Jun 30, 2020 | Mar 31, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 404,978 | 407,012 | 392,630 | 374,158 | 354,509 | 343,646 | 320,636 | 310,509 | 294,348 | 261,904 | 257,839 | 248,375 | 267,159 | 244,573 | 239,490 | 209,100 | 201,392 | 236,807 | 254,697 | 303,751 |
Total assets | US$ in thousands | 4,985,700 | 4,885,740 | 4,748,190 | 4,612,080 | 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 |
ROA | 8.12% | 8.33% | 8.27% | 8.11% | 7.67% | 7.79% | 7.22% | 7.12% | 6.62% | 6.03% | 5.86% | 6.07% | 6.51% | 5.99% | 5.86% | 5.25% | 5.01% | 5.98% | 6.99% | 8.36% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $404,978K ÷ $4,985,700K
= 8.12%
Return on assets (ROA) measures Curtiss-Wright Corporation's efficiency in generating profits from its assets. The trend in ROA shows a gradual decrease from 8.36% in March 2020 to a low of 5.01% by December 2020. However, there has been a subsequent improvement in ROA, reaching 8.27% by June 2024. Overall, the company's ROA has demonstrated fluctuations but has generally shown an upward trajectory over the years, indicating an enhanced ability to utilize its assets to generate profits. It is important for investors to closely monitor this metric to assess the company's asset management efficiency and profitability.
Peer comparison
Dec 31, 2024