Flowserve Corporation (FLS)
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 | 282,759 | 267,835 | 255,609 | 234,196 | 186,742 | 245,455 | 237,699 | 231,273 | 190,828 | 86,229 | 97,614 | 98,191 | 125,950 | 166,112 | 172,442 | 135,733 | 121,043 | 133,943 | 137,670 | 187,197 |
| 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 |
| ROA | 5.14% | 5.08% | 4.95% | 4.55% | 3.66% | 4.94% | 4.83% | 4.74% | 3.98% | 1.91% | 2.13% | 2.09% | 2.65% | 2.97% | 3.58% | 2.82% | 2.28% | 2.59% | 2.89% | 3.93% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $282,759K ÷ $5,500,820K
= 5.14%
Flowserve Corporation's return on assets (ROA) has displayed some fluctuations over the analyzed periods. The ROA started at 3.93% as of March 31, 2020, and experienced a gradual decline reaching 2.28% by December 31, 2020. However, there was a slight improvement in ROA to 2.82% as of March 31, 2021.
Subsequently, ROA increased to 3.58% by June 30, 2021, before decreasing to 2.97% by September 30, 2021. The trend continued with ROA reaching a low point of 1.91% as of September 30, 2022. However, there was a significant recovery in ROA to 3.98% by December 31, 2022.
The positive momentum continued into the following periods, with ROA exceeding 4% consistently from March 31, 2023, to December 31, 2024. The highest ROA was recorded as 5.14% as of December 31, 2024, indicating an improvement in the company's ability to generate profit relative to its total assets.
Overall, the fluctuating trend in ROA suggests varying efficiency in utilizing assets to generate profits. Investors and stakeholders may take note of these fluctuations in evaluating the company's performance and financial health.
Peer comparison
Dec 31, 2024