Ecolab Inc (ECL)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,112,400 | 1,372,300 | 1,091,700 | 1,129,900 | 984,800 |
| Total assets | US$ in thousands | 22,387,800 | 21,846,600 | 21,464,300 | 21,206,400 | 18,126,000 |
| ROA | 9.44% | 6.28% | 5.09% | 5.33% | 5.43% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $2,112,400K ÷ $22,387,800K
= 9.44%
Based on the provided data, Ecolab Inc's return on assets (ROA) has shown some fluctuations over the years. As of December 31, 2020, the ROA was 5.43%, slightly decreasing to 5.33% by December 31, 2021. However, there was a further decline to 5.09% by December 31, 2022.
Subsequently, the ROA improved significantly to 6.28% by December 31, 2023, indicating a positive trend in the company's profitability relative to its total assets. The most notable increase occurred by December 31, 2024, with the ROA reaching 9.44%, suggesting a substantial improvement in the company's efficiency in generating profits from its assets.
Overall, the trend in Ecolab Inc's ROA demonstrates varying performance levels over the years, with fluctuations observed before a notable increase in profitability efficiency in the most recent period.
Peer comparison
Dec 31, 2024