Koppers Holdings Inc (KOP)
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 | 195,200 | 185,600 | 175,100 | 149,800 | 137,700 | 153,800 | 135,600 | 150,800 | 156,500 | 147,600 | 181,600 | 187,000 | 156,700 | 146,200 | 124,200 | 112,600 | 123,300 | 112,600 | 107,200 | 91,400 |
| Total assets | US$ in thousands | 1,835,500 | 1,810,200 | 1,815,700 | 1,800,600 | 1,711,400 | 1,652,700 | 1,687,300 | 1,731,800 | 1,661,900 | 1,652,200 | 1,674,000 | 1,648,900 | 1,598,600 | 1,534,400 | 1,555,800 | 1,573,100 | 1,564,600 | 1,553,400 | 1,598,100 | 1,593,400 |
| Operating ROA | 10.63% | 10.25% | 9.64% | 8.32% | 8.05% | 9.31% | 8.04% | 8.71% | 9.42% | 8.93% | 10.85% | 11.34% | 9.80% | 9.53% | 7.98% | 7.16% | 7.88% | 7.25% | 6.71% | 5.74% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $195,200K ÷ $1,835,500K
= 10.63%
To analyze the operating return on assets (operating ROA) of Koppers Holdings Inc, we can observe a trend of improvement in the performance over the quarters. The operating ROA has been consistently increasing from 7.25% in Q1 2022 to 10.54% in Q4 2023.
This indicates that the company has been able to generate higher operating income relative to its assets, reflecting effective management of assets to generate profits. The rising trend suggests improved operational efficiency and profitability over the observed period.
The increasing trend in operating ROA is a positive sign for investors and stakeholders as it indicates that the company is utilizing its assets efficiently to generate operating income. It also demonstrates the company's ability to improve profitability and create value for shareholders over time.
Overall, the consistent improvement in operating ROA reflects a positive performance trajectory for Koppers Holdings Inc and suggests a strong operational foundation for the company going forward.
Peer comparison
Dec 31, 2023