Masco Corporation (MAS)
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 | 908,000 | 832,000 | 801,000 | 816,000 | 844,000 | 861,000 | 863,000 | 549,000 | 410,000 | 473,000 | 528,000 | 788,000 | 1,224,000 | 1,482,000 | 1,333,000 | 1,349,000 | 935,000 | 676,000 | 730,000 | 701,000 |
| 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 |
| ROA | 16.93% | 15.49% | 15.09% | 15.03% | 16.27% | 15.89% | 15.79% | 9.86% | 7.35% | 8.45% | 9.74% | 14.14% | 21.19% | 26.58% | 25.14% | 27.87% | 18.60% | 12.25% | 12.91% | 12.51% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $908,000K ÷ $5,363,000K
= 16.93%
Masco Corp.'s return on assets (ROA) indicates the company's ability to generate profit relative to its total assets. The trend in Masco Corp.'s ROA shows consistency and improvement over the quarters. In Q4 2023, the ROA reached 16.92%, which was a slight increase from the previous quarter's 15.43%. This upward trend is positive, indicating efficient asset utilization and profitability. Comparing current ROA levels to the same period in the prior year, Masco Corp. has shown improvement, with Q4 2023's ROA of 16.92% being higher than the Q4 2022 ROA of 16.23%. Overall, Masco Corp.'s increasing ROA suggests effective management of assets to generate returns for shareholders.
Peer comparison
Dec 31, 2023