ESAB Corp (ESAB)
Return on assets (ROA)
| Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 264,842 | 261,337 | 250,667 | 233,333 | 205,285 | 215,753 | 210,537 | 200,213 | 223,747 | 202,471 | 210,731 | 232,889 | 235,110 |
| Total assets | US$ in thousands | 4,033,980 | 4,084,530 | 3,967,110 | 3,827,490 | 3,828,630 | 3,756,040 | 3,862,840 | 3,849,140 | 3,754,020 | 3,539,900 | 3,673,700 | 3,781,350 | 3,461,260 |
| ROA | 6.57% | 6.40% | 6.32% | 6.10% | 5.36% | 5.74% | 5.45% | 5.20% | 5.96% | 5.72% | 5.74% | 6.16% | 6.79% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $264,842K ÷ $4,033,980K
= 6.57%
Based on the data provided for ESAB Corp's Return on Assets (ROA) over the period from December 31, 2021, to December 31, 2024, the ROA fluctuated within a range. The ROA was highest at 6.79% on December 31, 2021, and lowest at 5.20% on March 31, 2023.
The trend in the ROA shows some variations over the period, indicating changes in the company's efficiency in generating profit from its assets. Overall, the ROA experienced slight fluctuations, with some periods showing improvements and others showing slight declines.
It is important to analyze the reasons behind these changes in ROA to understand the company's performance and the effectiveness of its asset utilization strategy. Further detailed analysis of the company's financial statements, along with industry benchmarks, can provide more insights into ESAB Corp's performance in terms of return on assets.
Peer comparison
Dec 31, 2024