Emerson Electric Company (EMR)
Operating return on assets (Operating ROA)
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -316,000 | -675,000 | -530,000 | 118,000 | 1,129,000 | 1,434,000 | 1,442,000 | 1,524,000 | 1,755,000 | 1,434,000 | 1,392,000 | 1,309,000 | 1,122,000 | 1,008,000 | 802,000 | 773,000 | 497,000 | 743,000 | 878,000 | 771,000 |
| Total assets | US$ in thousands | 44,246,000 | 45,585,000 | 46,440,000 | 46,513,000 | 42,746,000 | 44,173,000 | 36,147,000 | 36,241,000 | 35,672,000 | 37,042,000 | 29,497,000 | 26,959,000 | 24,715,000 | 24,484,000 | 23,800,000 | 23,678,000 | 22,882,000 | 21,730,000 | 21,711,000 | 21,101,000 |
| Operating ROA | -0.71% | -1.48% | -1.14% | 0.25% | 2.64% | 3.25% | 3.99% | 4.21% | 4.92% | 3.87% | 4.72% | 4.86% | 4.54% | 4.12% | 3.37% | 3.26% | 2.17% | 3.42% | 4.04% | 3.65% |
September 30, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-316,000K ÷ $44,246,000K
= -0.71%
Emerson Electric Company's operating return on assets (operating ROA) fluctuated over the past several quarters. The operating ROA was negative in the most recent quarters, reaching -0.71% in September 2024 and -1.48% in June 2024. This indicates that the company's operating income generated from its assets was insufficient to cover its operating expenses during these periods.
However, the operating ROA had been positive in the previous quarters, with the highest level recorded at 4.92% in September 2022. This suggests that the company was more efficient in utilizing its assets to generate operating income during those periods.
Overall, the trend in Emerson Electric Company's operating ROA indicates some fluctuation in the company's operational performance and asset utilization efficiency. It is essential for the company to monitor and improve its operational efficiency to ensure sustainable profitability and value creation for its stakeholders.
Peer comparison
Sep 30, 2024