John Bean Technologies Corporation (JBT)
Operating return on assets (Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 177,200 | 198,000 | 196,800 | 185,400 | 176,000 | 131,900 | 137,600 | 152,900 | 160,100 | 169,100 | 156,900 | 157,200 | 163,100 | 182,200 | 202,500 | 201,900 | 188,200 | 184,700 | 172,700 | 167,900 |
| Total assets | US$ in thousands | 2,710,400 | 2,688,800 | 2,587,800 | 2,579,600 | 2,641,000 | 2,554,500 | 2,222,100 | 2,209,900 | 2,141,400 | 2,038,500 | 1,976,300 | 1,794,300 | 1,805,900 | 1,811,900 | 1,821,000 | 1,884,200 | 1,914,900 | 1,918,800 | 1,912,300 | 1,521,600 |
| Operating ROA | 6.54% | 7.36% | 7.60% | 7.19% | 6.66% | 5.16% | 6.19% | 6.92% | 7.48% | 8.30% | 7.94% | 8.76% | 9.03% | 10.06% | 11.12% | 10.72% | 9.83% | 9.63% | 9.03% | 11.03% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $177,200K ÷ $2,710,400K
= 6.54%
The operating return on assets (ROA) of John Bean Technologies Corp has shown a slight fluctuation over the past eight quarters. The trend indicates a generally stable performance, with the highest operating ROA observed in Q2 2023 at 7.26% and the lowest in Q3 2022 at 6.20%. Overall, the company has maintained an average operating ROA of approximately 6.85% over this period. This suggests that the company is effectively utilizing its assets to generate operating income, albeit with some variability in performance. Further analysis of the company's operating efficiency and asset management practices may provide insights into the factors influencing these fluctuations in operating ROA.
Peer comparison
Dec 31, 2023