Franklin Electric Co Inc (FELE)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 243,645 | 262,441 | 257,189 | 189,193 | 130,511 |
| Total assets | US$ in thousands | 1,820,610,000 | 1,728,120 | 1,694,200 | 1,575,160 | 1,272,310 |
| Operating ROA | 0.01% | 15.19% | 15.18% | 12.01% | 10.26% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $243,645K ÷ $1,820,610,000K
= 0.01%
The operating return on assets (Operating ROA) of Franklin Electric Co Inc has shown an increasing trend over the years, starting at 10.26% on December 31, 2020, and reaching its peak at 15.19% on December 31, 2023. This indicates that the company has been generating more operating income relative to its assets. However, there was a significant drop in the Operating ROA to 0.01% on December 31, 2024. It is important to investigate the reasons behind this sudden decline to assess the company's efficiency in utilizing its assets to generate operating profits in that particular year. Overall, the fluctuation in the Operating ROA suggests varying levels of operational efficiency and profitability for Franklin Electric Co Inc during the period under consideration.
Peer comparison
Dec 31, 2024