Edgewell Personal Care Co (EPC)
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 | 199,300 | 232,800 | 236,300 | 223,000 | 228,800 | 233,800 | 197,500 | 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 |
Total assets | US$ in thousands | 3,730,900 | 3,708,400 | 3,756,300 | 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 |
Operating ROA | 5.34% | 6.28% | 6.29% | 5.89% | 6.12% | 6.21% | 5.20% | 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% |
September 30, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $199,300K ÷ $3,730,900K
= 5.34%
Operating Return on Assets (Operating ROA) is a key financial ratio that measures a company's ability to generate earnings from its operations relative to its total assets. A higher operating ROA indicates better operational efficiency and profitability.
Analyzing the trend of Edgewell Personal Care Co's operating ROA over the past years, we observe fluctuations in the ratio. The ratio ranged from a low of 4.80% in December 2022 to a high of 6.53% in March 2021. This variability suggests potential changes in the company's operational performance and asset utilization efficiency.
From December 2019 to September 2020, the operating ROA experienced a notable increase, peaking at 18.08% in September 2020, indicating strong operational performance during that period. However, the ratio then declined steadily until March 2021, where it saw a significant improvement reaching 6.53%. Since then, there have been fluctuations with the ratio hovering around the 5% - 6% range, indicating a moderate level of operational efficiency.
Overall, the trend in Edgewell Personal Care Co's operating ROA suggests that the company has maintained a satisfactory level of operational profitability relative to its assets over the past few years, with some fluctuations observed. It would be important to further investigate the factors driving these fluctuations to assess the company's operational effectiveness and efficiency in utilizing its assets to generate profits.
Peer comparison
Sep 30, 2024