Edgewell Personal Care Co (EPC)
Return on assets (ROA)
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 98,600 | 114,700 | 99,500 | 117,800 | 67,600 |
| Total assets | US$ in thousands | 3,730,900 | 3,740,700 | 3,713,100 | 3,674,600 | 3,540,900 |
| ROA | 2.64% | 3.07% | 2.68% | 3.21% | 1.91% |
September 30, 2024 calculation
ROA = Net income ÷ Total assets
= $98,600K ÷ $3,730,900K
= 2.64%
Over the past five years, Edgewell Personal Care Co's return on assets (ROA) has shown some fluctuation. The company's ROA in 2024 was 2.64%, indicating that for every dollar of assets, the company generated a return of 2.64 cents. This represented a decrease from the previous year's ROA of 3.07%.
While the 2024 ROA was lower compared to 2023, it was relatively in line with the ROA for 2022, which was 2.68%. In 2021, the company had a slightly higher ROA of 3.21%, showing a more efficient utilization of assets to generate profit. The lowest ROA in the provided period was in 2020 at 1.91%.
Overall, Edgewell Personal Care Co's ROA has been somewhat volatile, with fluctuations observed from year to year. It is essential for the company to further analyze the factors contributing to these fluctuations and work towards improving operational efficiency and asset utilization to enhance its overall financial performance.
Peer comparison
Sep 30, 2024