KBR Inc (KBR)
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 | -265,000 | -193,000 | -98,000 | 347,000 | 190,000 | 167,000 | 150,000 | -93,000 | 27,000 | -24,000 | -29,000 | 81,000 | -72,000 | -33,000 | -29,000 | 58,000 | 202,000 | 191,000 | 189,000 | 185,000 |
| 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 |
| ROA | -4.76% | -3.23% | -1.56% | 6.05% | 3.41% | 3.12% | 2.72% | -1.65% | 0.44% | -0.41% | -0.53% | 1.43% | -1.26% | -0.62% | -0.58% | 1.14% | 3.77% | 3.54% | 3.55% | 3.48% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $-265,000K ÷ $5,565,000K
= -4.76%
The return on assets (ROA) for KBR Inc has fluctuated over the past five years, with values ranging from -4.76% to 6.05%. In general, a higher ROA indicates that the company is generating more profit per dollar of assets, while a lower ROA suggests lower profitability.
The ROA was negative in several periods, indicating that the company may not have been effectively utilizing its assets to generate profits during those quarters. The highest ROA of 6.05% was recorded in March 2023, reflecting a strong performance in converting assets into earnings during that quarter.
Overall, the variability in KBR Inc's ROA indicates fluctuations in the efficiency of the company's asset management and profitability over the analyzed periods. It would be important to further investigate the factors contributing to these fluctuations to assess the company's overall financial health and operational effectiveness.
Peer comparison
Dec 31, 2023