Edgewell Personal Care Co (EPC)
Operating return on assets (Operating ROA)
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 221,800 | 227,600 | 232,600 | 196,900 | 182,400 | 182,300 | 187,700 | 208,900 | 230,100 | 239,900 | 216,900 | 189,300 | 180,500 | 176,000 | 401,100 | 530,600 | 597,300 | 632,000 | 591,900 | 525,600 |
| Total assets | US$ in thousands | 3,787,200 | 3,740,700 | 3,766,300 | 3,798,600 | 3,797,000 | 3,713,100 | 3,721,300 | 3,793,300 | 3,807,100 | 3,674,600 | 3,647,200 | 3,537,900 | 3,496,100 | 3,540,900 | 3,465,600 | 3,308,500 | 3,303,200 | 3,420,900 | 3,431,300 | 3,988,500 |
| Operating ROA | 5.86% | 6.08% | 6.18% | 5.18% | 4.80% | 4.91% | 5.04% | 5.51% | 6.04% | 6.53% | 5.95% | 5.35% | 5.16% | 4.97% | 11.57% | 16.04% | 18.08% | 18.47% | 17.25% | 13.18% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $221,800K ÷ $3,787,200K
= 5.86%
The operating return on assets (ROA) of Edgewell Personal Care Co has exhibited fluctuations over the past eight quarters. In Q1 2024, the operating ROA stood at 6.40%, showing a slight decline from the previous quarter's figure of 6.51% in Q4 2023. The trend of relatively high operating ROA continued in Q3 2023 and Q2 2023 at 6.52% and 5.54%, respectively. However, there was a notable improvement in operational efficiency compared to Q1 2023, where the operating ROA was 5.18%.
In the latter half of 2022, the operating ROA remained relatively stable, hovering around the 5.0-5.5% range. Q4 2022 and Q3 2022 reported figures of 5.29% and 5.51%, respectively, while there was a slight increase to 6.01% in Q2 2022.
Overall, the operating ROA of Edgewell Personal Care Co has shown variability over the quarters, with some quarters demonstrating improvements in operational efficiency and others experiencing slight declines. It would be important for the company to assess the factors that contributed to these fluctuations in operating ROA to ensure sustained and optimal utilization of assets for generating operating profits.
Peer comparison
Dec 31, 2023