EMCOR Group Inc (EME)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,344,860 | 875,756 | 564,877 | 530,800 | 494,778 |
| Total assets | US$ in thousands | 7,716,470 | 6,609,720 | 5,524,610 | 5,441,450 | 5,063,840 |
| Operating ROA | 17.43% | 13.25% | 10.22% | 9.75% | 9.77% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $1,344,860K ÷ $7,716,470K
= 17.43%
The operating return on assets (ROA) for EMCOR Group Inc has exhibited an increasing trend over the period from December 31, 2020, to December 31, 2024. The operating ROA stood at 9.77% in 2020, marginally decreasing to 9.75% in 2021. However, from 2022 onwards, there was a notable improvement in operating ROA, reaching 10.22% in 2022, 13.25% in 2023, and 17.43% in 2024. This signifies that EMCOR Group Inc has been able to generate higher operating income relative to its total assets, reflecting improved operational efficiency and profitability. The significant uptick in operating ROA from 2022 to 2024 suggests effective management of assets and operations, potentially leading to enhanced shareholder value and financial performance.
Peer comparison
Dec 31, 2024