Edgewell Personal Care Co (EPC)
Return on assets (ROA)
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 114,700 | 99,500 | 117,800 | 67,600 | -372,200 |
| Total assets | US$ in thousands | 3,740,700 | 3,713,100 | 3,674,600 | 3,540,900 | 3,420,900 |
| ROA | 3.07% | 2.68% | 3.21% | 1.91% | -10.88% |
September 30, 2023 calculation
ROA = Net income ÷ Total assets
= $114,700K ÷ $3,740,700K
= 3.07%
The return on assets (ROA) of Edgewell Personal Care Co has shown fluctuations over the past five years. In 2023, the ROA was 3.07%, indicating that the company generated a return of 3.07 cents for every dollar of assets. This represented an improvement compared to the previous year's ROA of 2.66%. However, in 2021, the ROA was higher at 3.18%, suggesting that the company was more efficient in generating returns from its assets.
The ROA in 2020 was 1.91%, indicating a decrease in the company's ability to generate returns from its assets compared to the prior year. Additionally, in 2019, the company experienced a significant negative ROA of -10.88%, which suggests that the company's assets were not effectively utilized to generate profits during that period.
Overall, the performance of Edgewell Personal Care Co in terms of ROA has been mixed, with fluctuations in the efficiency of utilizing its assets to generate profits. This indicates a need for further analysis to understand the factors contributing to these fluctuations and to evaluate the company's asset management strategies.
Peer comparison
Sep 30, 2023