Koppers Holdings Inc (KOP)
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 | 89,200 | 90,100 | 82,900 | 70,100 | 63,400 | 71,800 | 62,900 | 78,100 | 85,200 | 81,600 | 147,000 | 149,300 | 122,000 | 124,000 | 68,300 | 53,800 | 66,800 | 43,600 | 31,300 | 17,200 |
| 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 |
| ROA | 4.86% | 4.98% | 4.57% | 3.89% | 3.70% | 4.34% | 3.73% | 4.51% | 5.13% | 4.94% | 8.78% | 9.05% | 7.63% | 8.08% | 4.39% | 3.42% | 4.27% | 2.81% | 1.96% | 1.08% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $89,200K ÷ $1,835,500K
= 4.86%
Koppers Holdings Inc's Return on Assets (ROA) has shown varying trends over the past eight quarters. The ROA ranged from 3.70% to 4.98% during this period. The highest ROA was observed in Q3 2023 at 4.98%, while the lowest was in Q4 2022 at 3.70%.
Overall, the company has maintained a relatively stable ROA performance, with the latest quarter (Q4 2023) showing a ROA of 4.86%. This indicates that for every dollar of assets the company possesses, it generates a return of about 4.86 cents.
It is important to monitor the trend of ROA over time to assess the efficiency of Koppers Holdings Inc in utilizing its total assets to generate profits. Further analysis, including comparing ROA to industry peers or historical performance, can provide deeper insights into the company's profitability and asset management efficiency.
Peer comparison
Dec 31, 2023