Newell Brands Inc (NWL)

Return on assets (ROA)

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Net income US$ in thousands -216,000 -388,000 197,000 622,000 -770,000
Total assets US$ in thousands 11,004,000 12,163,000 13,262,000 14,179,000 14,700,000
ROA -1.96% -3.19% 1.49% 4.39% -5.24%

December 31, 2024 calculation

ROA = Net income ÷ Total assets
= $-216,000K ÷ $11,004,000K
= -1.96%

Newell Brands Inc's Return on Assets (ROA) has shown variation over the past five years. As of December 31, 2020, the ROA was negative at -5.24%, indicating that the company generated a lower level of profit relative to its total assets. However, in the following year, as of December 31, 2021, the ROA improved significantly to 4.39%, suggesting a more efficient use of assets to generate profits.

Subsequently, by December 31, 2022, the ROA decreased to 1.49%, indicating a slight decline in profitability relative to the assets employed. This was followed by a further decrease in ROA to -3.19% as of December 31, 2023, signifying a negative return on assets.

By the end of the most recent year, December 31, 2024, the ROA stood at -1.96%, still reflecting a negative return on assets, though the decline was not as steep as in the previous year. Overall, the fluctuating trend in Newell Brands Inc's ROA over the five-year period highlights the company's varying efficiency in utilizing its assets to generate profits.