Mohawk Industries Inc (MHK)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 745,600 | 786,856 | -159,186 | -261,540 | -461,193 | -563,171 | 208,530 | 423,411 | 643,912 | 835,932 | 1,157,947 | 1,194,444 | 1,335,011 | 1,364,646 | 1,267,416 | 802,034 | 636,002 | 508,083 | 485,559 | 813,377 |
| Total assets | US$ in thousands | 12,778,600 | 13,313,200 | 13,279,600 | 13,531,500 | 13,559,900 | 13,138,500 | 14,585,200 | 14,763,500 | 14,120,400 | 13,801,000 | 14,689,500 | 14,386,700 | 14,224,500 | 14,450,300 | 14,792,800 | 14,290,100 | 14,327,800 | 13,784,200 | 13,369,400 | 13,256,900 |
| Operating ROA | 5.83% | 5.91% | -1.20% | -1.93% | -3.40% | -4.29% | 1.43% | 2.87% | 4.56% | 6.06% | 7.88% | 8.30% | 9.39% | 9.44% | 8.57% | 5.61% | 4.44% | 3.69% | 3.63% | 6.14% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $745,600K ÷ $12,778,600K
= 5.83%
Operating ROA is a key financial metric that indicates the efficiency of Mohawk Industries Inc in generating profits from its assets used in its core operations. From March 2020 to December 2024, Mohawk's operating ROA fluctuated. It started at 6.14% in March 2020, declined to a low of -4.29% in September 2023, and then showed signs of recovery, reaching 5.83% by December 2024.
The trend in operating ROA indicates the company's ability to utilize its assets efficiently to generate profit from its core operations. A positive operating ROA reflects good operational performance, while a negative ROA signifies inefficiency in operations or lower profitability.
Overall, Mohawk Industries Inc's operating ROA has shown variability over the years, with periods of both strength and challenges in generating profits from its operational assets. Further analysis of the company's operational efficiency and profitability drivers would provide more insights into its financial performance.
Peer comparison
Dec 31, 2024