Masco Corporation (MAS)
Operating return on assets (Operating ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 1,363,000 | 1,348,000 | 1,297,000 | 1,405,000 | 1,295,000 |
Total assets | US$ in thousands | 5,016,000 | 5,363,000 | 5,187,000 | 5,575,000 | 5,777,000 |
Operating ROA | 27.17% | 25.14% | 25.00% | 25.20% | 22.42% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $1,363,000K ÷ $5,016,000K
= 27.17%
Masco Corporation's operating return on assets (Operating ROA) has shown a positive trend over the last five years, indicating improving operational efficiency and profitability.
The Operating ROA increased from 22.42% as of December 31, 2020, to 27.17% as of December 31, 2024. This growth suggests that the company has been effectively utilizing its assets to generate operating income.
The consistent rise in Operating ROA demonstrates Masco Corporation's ability to generate more profit per dollar of assets employed in its operations. This could be attributed to improved cost management, increased productivity, or effective utilization of resources.
Overall, the upward trajectory of Masco Corporation's Operating ROA reflects positively on the company's operational performance and management effectiveness in generating returns from its assets.
Peer comparison
Dec 31, 2024