Olin Corporation (OLN)
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 | 303,600 | 337,200 | 487,700 | 556,500 | 694,000 | 886,700 | 1,114,200 | 1,462,900 | 1,779,000 | 2,031,000 | 2,186,500 | 2,016,100 | 1,850,800 | 1,405,600 | 172,800 | -318,000 | -746,700 | -876,400 | -89,200 | 35,100 |
Total assets | US$ in thousands | 7,579,100 | 7,518,300 | 7,660,600 | 7,611,300 | 7,713,200 | 7,815,200 | 7,952,500 | 8,109,400 | 8,044,200 | 8,220,200 | 8,675,200 | 8,574,700 | 8,517,700 | 8,652,700 | 8,657,200 | 8,453,200 | 8,270,900 | 8,266,600 | 8,978,100 | 9,184,400 |
Operating ROA | 4.01% | 4.49% | 6.37% | 7.31% | 9.00% | 11.35% | 14.01% | 18.04% | 22.12% | 24.71% | 25.20% | 23.51% | 21.73% | 16.24% | 2.00% | -3.76% | -9.03% | -10.60% | -0.99% | 0.38% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $303,600K ÷ $7,579,100K
= 4.01%
Operating return on assets (Operating ROA) measures a company's ability to generate profits from its operating activities relative to its total assets. Analyzing the data provided for Olin Corporation, we observe fluctuations in the Operating ROA over the time period.
In March 2020, Olin Corporation had an Operating ROA of 0.38%, indicating a positive return on its assets. However, the company experienced a decline in the subsequent quarters, with negative Operating ROA values in June and September 2020, suggesting that the company's operating performance was not efficient in generating profits relative to its asset base.
The trend continued into December 2020 and March 2021, showing further negative Operating ROA figures. However, from June 2021 onwards, Olin Corporation's Operating ROA started to improve, reaching positive values and showing a significant upward trend. Notably, the company achieved double-digit Operating ROA percentages in the later periods of 2021 and maintained strong performance into 2022.
Although there was a slight dip in Operating ROA in September 2022, Olin Corporation managed to stabilize and sustain relatively high levels of Operating ROA into 2023. The Operating ROA percentages ranged from 18.04% in March 2023 to 4.01% in December 2024, indicating fluctuations but overall demonstrating the company's ability to generate operating profits efficiently relative to its assets.
Overall, the Operating ROA analysis suggests that Olin Corporation experienced challenges in its operating performance in the past but made significant improvements in generating returns from its assets in recent periods, reflecting a positive trend in operational efficiency and profitability.
Peer comparison
Dec 31, 2024