Eaton Corporation PLC (ETN)
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 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 3,794,000 | 3,768,000 | 3,650,000 | 3,401,000 | 3,218,000 | 2,994,000 | 2,710,000 | 2,567,000 | 2,461,000 | 2,291,000 | 2,313,000 | 2,218,000 | 2,144,000 | 2,068,000 | 1,885,000 | 1,430,000 | 1,410,000 | 1,387,000 | 1,542,000 | 2,127,000 |
| Total assets | US$ in thousands | 38,381,000 | 39,236,000 | 39,381,000 | 38,535,000 | 38,432,000 | 37,289,000 | 36,773,000 | 35,517,000 | 35,030,000 | 34,364,000 | 35,153,000 | 35,208,000 | 34,027,000 | 34,128,000 | 36,804,000 | 34,080,000 | 31,824,000 | 30,985,000 | 30,348,000 | 30,845,000 |
| ROA | 9.89% | 9.60% | 9.27% | 8.83% | 8.37% | 8.03% | 7.37% | 7.23% | 7.03% | 6.67% | 6.58% | 6.30% | 6.30% | 6.06% | 5.12% | 4.20% | 4.43% | 4.48% | 5.08% | 6.90% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $3,794,000K ÷ $38,381,000K
= 9.89%
Eaton Corporation PLC's return on assets (ROA) has shown a positive trend over the period from March 31, 2020, to December 31, 2024. The ROA increased from 6.90% in March 2020 to 9.89% in December 2024. This indicates that the company has been able to generate increasing returns from its assets over the years.
The ROA fluctuated slightly during the period, with some quarters showing a slight decrease, but overall, there is an upward trajectory in the performance of the company in terms of utilizing its assets efficiently to generate profits.
The most significant increase in ROA was observed between September 30, 2023, and December 31, 2023, where the ROA jumped from 8.37% to 8.83%, indicating a notable improvement in asset utilization efficiency during that period.
Overall, the increasing trend in ROA reflects positively on Eaton Corporation PLC's ability to effectively generate profits from its assets, indicating efficient management and operational performance during the analyzed period.
Peer comparison
Dec 31, 2024
See also:
Eaton Corporation PLC Return on Assets (ROA) (Quarterly Data)