Graphic Packaging Holding Company (GPK)

Return on assets (ROA)

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Net income (ttm) US$ in thousands 723,000 683,000 706,000 622,000 522,000 405,000 285,000 257,000 204,000 229,200 220,200 234,200 167,200 136,000 124,100 135,900 206,800 221,300 263,500 249,100
Total assets US$ in thousands 11,175,000 10,905,000 10,739,000 10,599,000 10,328,000 10,182,000 10,397,000 10,543,000 10,457,000 8,288,000 7,842,000 7,747,000 7,805,000 7,682,000 7,666,400 7,446,200 7,290,000 7,194,100 7,285,100 7,291,200
ROA 6.47% 6.26% 6.57% 5.87% 5.05% 3.98% 2.74% 2.44% 1.95% 2.77% 2.81% 3.02% 2.14% 1.77% 1.62% 1.83% 2.84% 3.08% 3.62% 3.42%

December 31, 2023 calculation

ROA = Net income (ttm) ÷ Total assets
= $723,000K ÷ $11,175,000K
= 6.47%

Graphic Packaging Holding Co's return on assets (ROA) has been showing a positive trend over the past eight quarters, increasing steadily from 2.44% in Q1 2022 to 6.47% in Q4 2023. This indicates the company's ability to generate profits relative to its total assets has been improving consistently.

The ROA is a key measure of management efficiency in utilizing assets to generate earnings, and Graphic Packaging Holding Co's performance in this area reflects positively on its operational effectiveness. The increasing trend in ROA suggests that the company is becoming more efficient in generating profits from its asset base over time.

Overall, the upward trajectory of Graphic Packaging Holding Co's ROA indicates a favorable performance in terms of asset utilization and profitability, which could be an encouraging sign for investors and stakeholders.


Peer comparison

Dec 31, 2023