Newell Brands Inc (NWL)

Return on assets (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
Net income (ttm) US$ in thousands -216,000 -248,000 -268,000 -295,000 -388,000 -551,000 -302,000 -116,000 220,000 565,000 724,000 717,000 572,000 603,000 717,000 598,000 -770,000 -103,200 -1,033,000 -1,021,200
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
ROA -1.96% -2.11% -2.22% -2.44% -3.19% -4.38% -2.32% -0.87% 1.66% 3.85% 5.01% 5.05% 4.03% 4.15% 4.90% 4.17% -5.24% -0.70% -7.25% -7.35%

December 31, 2024 calculation

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

Newell Brands Inc's return on assets (ROA) has shown a fluctuating trend over the specified time period. The ROA was negative for the first three quarters of 2020, indicating that the company was not effectively utilizing its assets to generate profits during that time. However, there was a significant improvement in ROA in the following quarters of 2021, reaching positive levels above 4%.

Throughout the year 2022, the ROA of Newell Brands Inc maintained levels above 3%, with slight fluctuations. In the first quarter of 2023, the ROA turned negative again, indicating a temporary decline in asset utilization efficiency. The negative trend continued in the following quarters of 2023 and into the first quarter of 2024.

Overall, the fluctuating ROA of Newell Brands Inc suggests inconsistencies in the company's ability to generate profits relative to its asset base. Further analysis of the company's operational and financial performance may be required to understand the factors driving these fluctuations in ROA.