Flowserve Corporation (FLS)
Operating return on assets (Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 480,336 | 465,095 | 432,159 | 394,084 | 333,553 | 280,009 | 263,787 | 227,471 | 170,481 | 199,692 | 203,020 | 214,850 | 270,757 | 280,927 | 310,887 | 281,613 | 251,062 | 262,992 | 285,230 | 340,360 |
| Total assets | US$ in thousands | 5,500,820 | 5,274,560 | 5,164,480 | 5,149,920 | 5,108,720 | 4,965,210 | 4,920,020 | 4,875,750 | 4,790,630 | 4,505,990 | 4,582,730 | 4,703,010 | 4,749,770 | 5,595,920 | 4,818,670 | 4,809,640 | 5,314,680 | 5,173,580 | 4,755,700 | 4,762,070 |
| Operating ROA | 8.73% | 8.82% | 8.37% | 7.65% | 6.53% | 5.64% | 5.36% | 4.67% | 3.56% | 4.43% | 4.43% | 4.57% | 5.70% | 5.02% | 6.45% | 5.86% | 4.72% | 5.08% | 6.00% | 7.15% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $480,336K ÷ $5,500,820K
= 8.73%
Flowserve Corporation's operating return on assets (ROA) shows a fluctuating trend over the past few quarters. From March 31, 2020, to December 31, 2022, the operating ROA declined gradually from 7.15% to 3.56%, indicating a decrease in the company's ability to generate operating income from its assets.
However, starting from March 31, 2023, there is an upward trend in the operating ROA, with an improvement to 6.53% by the end of December 31, 2023. This positive trend continues into the following quarters, reaching 8.73% by December 31, 2024, suggesting an enhanced efficiency in utilizing assets to generate operating profits.
It is essential for investors and stakeholders to monitor this metric closely to assess the company's operational efficiency and profitability in the future.
Peer comparison
Dec 31, 2024