Masco Corporation (MAS)
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 | 1,348,000 | 1,286,000 | 1,254,000 | 1,259,000 | 1,297,000 | 1,330,000 | 1,364,000 | 1,393,000 | 1,405,000 | 1,494,000 | 1,533,000 | 1,435,000 | 1,295,000 | 1,243,000 | 1,108,000 | 1,116,000 | 1,088,000 | 1,040,000 | 1,037,000 | 1,048,000 |
| Total assets | US$ in thousands | 5,363,000 | 5,371,000 | 5,308,000 | 5,430,000 | 5,187,000 | 5,417,000 | 5,467,000 | 5,568,000 | 5,575,000 | 5,595,000 | 5,423,000 | 5,574,000 | 5,777,000 | 5,575,000 | 5,302,000 | 4,840,000 | 5,027,000 | 5,520,000 | 5,653,000 | 5,602,000 |
| Operating ROA | 25.14% | 23.94% | 23.62% | 23.19% | 25.00% | 24.55% | 24.95% | 25.02% | 25.20% | 26.70% | 28.27% | 25.74% | 22.42% | 22.30% | 20.90% | 23.06% | 21.64% | 18.84% | 18.34% | 18.71% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,348,000K ÷ $5,363,000K
= 25.14%
Masco Corp. has demonstrated a consistent performance in terms of operating return on assets (operating ROA) over the past eight quarters. The operating ROA has ranged from 23.66% to 25.83% during this period.
The company's operating ROA stood at 25.39% in Q4 2023, showing a slight improvement compared to the previous quarter. This indicates a strong ability to generate operating profits from its assets in the most recent quarter.
Overall, Masco Corp. has maintained a solid operating ROA performance, with the metric consistently above 23% over the past two years. This suggests efficient utilization of the company's assets to generate operating income. Monitoring future trends in operating ROA can provide valuable insights into the company's operational efficiency and profitability.
Peer comparison
Dec 31, 2023