Emerson Electric Company (EMR)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,968,000 | 1,716,000 | 10,739,000 | 11,030,000 | 13,219,000 | 13,215,000 | 4,784,000 | 4,666,000 | 3,231,000 | 3,161,000 | 2,867,000 | 2,754,000 | 2,303,000 | 2,356,000 | 2,128,000 | 2,084,000 | 1,965,000 | 1,959,000 | 2,164,000 | 2,167,000 |
| 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 |
| ROA | 4.45% | 3.76% | 23.12% | 23.71% | 30.92% | 29.92% | 13.23% | 12.87% | 9.06% | 8.53% | 9.72% | 10.22% | 9.32% | 9.62% | 8.94% | 8.80% | 8.59% | 9.02% | 9.97% | 10.27% |
September 30, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $1,968,000K ÷ $44,246,000K
= 4.45%
Emerson Electric Company's return on assets (ROA) has displayed fluctuating trends over the past several periods. The ROA for the most recent period ending September 30, 2024, stands at 4.45%. This represents a slight improvement compared to the previous quarter.
The ROA experienced significant variability in the recent quarters, with a notable peak of 30.92% in September 2023, followed by a decline in subsequent periods. The ROA was particularly high in March and December 2024, reaching 23.12% and 23.71%, respectively.
Overall, Emerson Electric Company's ROA has demonstrated strong performance, consistently exceeding 8% in most periods. However, the recent fluctuations indicate some degree of volatility in the company's asset utilization efficiency. Further analysis and monitoring are recommended to assess the factors impacting the company's ROA and to ensure sustainable performance in the future.
Peer comparison
Sep 30, 2024
See also:
Emerson Electric Company Return on Assets (ROA) (Quarterly Data)