Chart Industries Inc (GTLS)
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 | 651,800 | 561,400 | 487,300 | 410,900 | 334,200 | 296,400 | 233,700 | 167,600 | 151,500 | 111,800 | 83,800 | 79,800 | 88,600 | 106,700 | 121,100 | 128,900 | 123,500 | 106,100 | 107,900 | 99,800 |
| Total assets | US$ in thousands | 9,123,900 | 9,498,400 | 9,277,500 | 9,247,900 | 9,102,400 | 9,020,200 | 9,407,500 | 9,297,400 | 5,901,900 | 3,069,200 | 3,167,600 | 3,085,900 | 3,043,800 | 2,981,800 | 2,830,000 | 2,652,300 | 2,586,500 | 2,452,900 | 2,452,600 | 2,423,000 |
| Operating ROA | 7.14% | 5.91% | 5.25% | 4.44% | 3.67% | 3.29% | 2.48% | 1.80% | 2.57% | 3.64% | 2.65% | 2.59% | 2.91% | 3.58% | 4.28% | 4.86% | 4.77% | 4.33% | 4.40% | 4.12% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $651,800K ÷ $9,123,900K
= 7.14%
The operating return on assets (operating ROA) for Chart Industries Inc has shown fluctuation over the periods analyzed. Starting at 4.12% on March 31, 2020, operating ROA increased to 7.14% by December 31, 2024. The ratio experienced ups and downs throughout the quarters, indicating varying levels of operational efficiency and asset utilization. It peaked at 7.14% on December 31, 2024, suggesting improved profitability relative to the assets employed. However, it is essential to note that there were periods, such as March 31, 2023, when the operating ROA dipped to 1.80%, reflecting potential challenges in generating earnings from assets during that period. Overall, monitoring the trend of operating ROA can provide insights into the company's operational performance and efficiency in utilizing its assets to generate profits.