Newell Brands Inc (NWL)
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 | 135,000 | 285,000 | 247,000 | 178,000 | 110,000 | 15,000 | 209,000 | 406,000 | 633,000 | 737,000 | 983,000 | 971,000 | 946,000 | 1,026,000 | 1,108,000 | 966,000 | -634,000 | -749,300 | -1,747,100 | -2,088,200 |
| Total assets | US$ in thousands | 11,004,000 | 11,773,000 | 12,048,000 | 12,100,000 | 12,163,000 | 12,572,000 | 13,020,000 | 13,276,000 | 13,262,000 | 14,678,000 | 14,448,000 | 14,204,000 | 14,179,000 | 14,520,000 | 14,620,000 | 14,340,000 | 14,700,000 | 14,720,000 | 14,257,000 | 13,903,000 |
| Operating ROA | 1.23% | 2.42% | 2.05% | 1.47% | 0.90% | 0.12% | 1.61% | 3.06% | 4.77% | 5.02% | 6.80% | 6.84% | 6.67% | 7.07% | 7.58% | 6.74% | -4.31% | -5.09% | -12.25% | -15.02% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $135,000K ÷ $11,004,000K
= 1.23%
The operating return on assets (ROA) of Newell Brands Inc has exhibited fluctuations over the analyzed period, starting from a negative value of -15.02% in March 2020 and improving to positive territory by March 2021. The company saw a steady increase in operating ROA until June 2021, where it peaked at 7.58%. However, there was a slight decline in the following quarters of 2021 before stabilizing at around 6-7%.
In the subsequent period from March 2022 to March 2023, Newell Brands Inc maintained an average operating ROA of around 5-6%. However, there was a notable decrease in June and September 2023, with the operating ROA dropping to 1.61% and 0.12% respectively. By December 2023, the operating ROA increased to 0.90% before showing a more significant recovery in March 2024 at 1.47%.
Overall, the trend in the operating ROA of Newell Brands Inc suggests periods of improvement and decline, with variations in performance over time. It is important for the company to continue monitoring and managing its operational efficiency to maintain positive returns on assets in the future.
Peer comparison
Dec 31, 2024