Olin Corporation (OLN)
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 | 108,600 | 150,800 | 279,800 | 352,500 | 460,200 | 603,900 | 815,000 | 1,090,200 | 1,326,900 | 1,436,900 | 1,512,400 | 1,446,100 | 1,296,700 | 957,100 | -170,400 | -646,300 | -969,900 | -1,014,100 | -233,100 | -133,000 |
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 |
ROA | 1.43% | 2.01% | 3.65% | 4.63% | 5.97% | 7.73% | 10.25% | 13.44% | 16.50% | 17.48% | 17.43% | 16.86% | 15.22% | 11.06% | -1.97% | -7.65% | -11.73% | -12.27% | -2.60% | -1.45% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $108,600K ÷ $7,579,100K
= 1.43%
The return on assets (ROA) of Olin Corporation has shown a significant improvement over the past few years. The ROA was negative in the early quarters of the data provided, indicating that Olin Corporation was not effectively utilizing its assets to generate profit during that period.
However, starting from September 2021, there was a notable turnaround in the company's performance, with the ROA turning positive and showing a steady uptrend through December 2024. This positive trend reflects that Olin Corporation has been able to generate higher profits relative to its assets during this period.
The ROA increased from 11.06% in September 2021 to 17.48% in September 2022, marking a substantial improvement in asset utilization efficiency. Although there was a slight dip in ROA in the following quarters, overall, the trend remained positive and demonstrated Olin Corporation's ability to generate profit from its assets.
As of December 31, 2024, the ROA stood at 1.43%, indicating that Olin Corporation is still able to efficiently generate profits from its assets, albeit at a slightly lower rate compared to the peak achieved earlier in the period analyzed. This positive ROA trend suggests that Olin Corporation has been successful in enhancing its operational efficiency and profitability over the years.
Peer comparison
Dec 31, 2024