Energizer Holdings Inc (ENR)
Operating return on assets (Operating ROA)
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 375,400 | 490,900 | -17,200 | 506,400 | 435,500 |
| Total assets | US$ in thousands | 4,342,400 | 4,509,600 | 4,572,100 | 5,007,500 | 5,728,300 |
| Operating ROA | 8.64% | 10.89% | -0.38% | 10.11% | 7.60% |
September 30, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $375,400K ÷ $4,342,400K
= 8.64%
Energizer Holdings Inc's operating return on assets (operating ROA) has shown variability over the past five years. In 2024, the operating ROA stands at 8.64%, reflecting a slight decrease from the previous year's 10.89%. In 2022, the company reported a negative operating ROA of -0.38%, indicating that the company faced challenges in generating operating income relative to its asset base.
However, the company showed a strong performance in 2021 with an operating ROA of 10.11% and in 2020 with a figure of 7.60%. This suggests that in those years, Energizer Holdings Inc was effective in utilizing its assets to generate operating profits.
The fluctuation in operating ROA over the years indicates potential shifts in the company's operational efficiency and asset utilization. Further analysis of the company's financial and operational performance is recommended to understand the factors driving these fluctuations and determine the sustainability of its profitability.
Peer comparison
Sep 30, 2024