ESAB Corp (ESAB)
Operating return on assets (Operating ROA)
| Dec 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|
| Operating income | US$ in thousands | 404,166 | 329,065 |
| Total assets | US$ in thousands | 3,828,630 | 3,754,020 |
| Operating ROA | 10.56% | 8.77% |
December 31, 2023 calculation
Operating ROA = Operating income ÷ Total assets
= $404,166K ÷ $3,828,630K
= 10.56%
Peer comparison
Dec 31, 2023