KBR Inc (KBR)
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 | 448,000 | 423,000 | 401,000 | 518,000 | 343,000 | 350,000 | 326,000 | 111,000 | 231,000 | 147,000 | 139,000 | 215,000 | 57,000 | 100,000 | 111,000 | 215,000 | 362,000 | 364,000 | 359,000 | 367,000 |
| Total assets | US$ in thousands | 5,565,000 | 5,973,000 | 6,287,000 | 5,736,000 | 5,566,000 | 5,354,000 | 5,518,000 | 5,634,000 | 6,204,000 | 5,832,000 | 5,522,000 | 5,675,000 | 5,705,000 | 5,308,000 | 5,010,000 | 5,104,000 | 5,360,000 | 5,402,000 | 5,318,000 | 5,317,000 |
| Operating ROA | 8.05% | 7.08% | 6.38% | 9.03% | 6.16% | 6.54% | 5.91% | 1.97% | 3.72% | 2.52% | 2.52% | 3.79% | 1.00% | 1.88% | 2.22% | 4.21% | 6.75% | 6.74% | 6.75% | 6.90% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $448,000K ÷ $5,565,000K
= 8.05%
The operating return on assets (operating ROA) for KBR Inc has shown some fluctuations over the period under consideration. It ranged from a low of 1.00% in Dec 2020 to a high of 9.03% in Mar 2023. The average operating ROA for KBR Inc over the period was approximately 5.01%.
The trend indicates that the company's ability to generate operating profit from its assets improved significantly in early 2023 compared to the previous quarters. However, the operating ROA in the last quarter of 2023 declined slightly from the peak seen in Mar 2023, but it remained relatively strong.
Overall, KBR Inc's operating ROA has shown variability but has generally been at a reasonable level, suggesting that the company has been efficiently utilizing its assets to generate operating income. It is important for investors and stakeholders to closely monitor key drivers that impact the operating ROA to assess the company's operational efficiency and profitability in the future.
Peer comparison
Dec 31, 2023