Energizer Holdings Inc (ENR)
Return on assets (ROA)
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 38,100 | 140,500 | -231,500 | 160,900 | -93,300 |
| Total assets | US$ in thousands | 4,342,400 | 4,509,600 | 4,572,100 | 5,007,500 | 5,728,300 |
| ROA | 0.88% | 3.12% | -5.06% | 3.21% | -1.63% |
September 30, 2024 calculation
ROA = Net income ÷ Total assets
= $38,100K ÷ $4,342,400K
= 0.88%
The return on assets (ROA) for Energizer Holdings Inc has shown significant fluctuations over the past five years. In September 2024, the ROA stands at 0.88%, indicating that the company generated a modest return on its assets during that period.
Comparing this to the ROA in September 2023, which was 3.12%, we observe a notable decline in profitability in the most recent year. However, in September 2022, the company experienced a negative ROA of -5.06%, indicating that the company's assets did not generate a positive return during that year.
The positive ROA in 2021 and 2020 of 3.21% and -1.63% respectively, demonstrate that the company has experienced fluctuations in its asset efficiency and profitability over the years.
Overall, the fluctuating ROA figures suggest that Energizer Holdings Inc has had varying levels of success in generating profits from its assets in recent years, with the need to analyze the underlying factors contributing to these changes further.
Peer comparison
Sep 30, 2024