Procter & Gamble Company (PG)
Return on assets (ROA)
| 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 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 14,880,000 | 15,127,000 | 14,770,000 | 15,235,000 | 14,653,000 | 14,321,000 | 14,279,000 | 14,569,000 | 14,742,000 | 14,596,000 | 14,510,000 | 14,141,000 | 14,306,000 | 14,200,000 | 13,848,000 | 13,711,000 | 13,027,000 | 4,986,000 | 4,814,000 | 4,291,000 |
| Total assets | US$ in thousands | 122,370,000 | 119,598,000 | 120,709,000 | 122,531,000 | 120,829,000 | 119,851,000 | 117,715,000 | 116,282,000 | 117,208,000 | 120,217,000 | 121,416,000 | 119,669,000 | 119,307,000 | 116,778,000 | 120,112,000 | 119,899,000 | 120,700,000 | 118,560,000 | 111,723,000 | 114,058,000 |
| ROA | 12.16% | 12.65% | 12.24% | 12.43% | 12.13% | 11.95% | 12.13% | 12.53% | 12.58% | 12.14% | 11.95% | 11.82% | 11.99% | 12.16% | 11.53% | 11.44% | 10.79% | 4.21% | 4.31% | 3.76% |
June 30, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $14,880,000K ÷ $122,370,000K
= 12.16%
The return on assets (ROA) trend for Procter & Gamble Company over the past few quarters has been relatively stable, ranging between 10.79% and 12.65%. ROA measures the company's ability to generate profits from its assets, and generally, a higher ROA indicates better efficiency in asset utilization.
Procter & Gamble's ROA has seen some fluctuations, but the overall trend suggests that the company has been effectively utilizing its assets to generate returns for shareholders. The ROA has been consistently above 10%, indicating good profitability relative to the size of the company's asset base.
In the most recent quarter, the ROA stands at 12.16%, which is slightly lower than the previous quarter's 12.65%. However, these differences are relatively minor and may not indicate any significant concerns. It is important for investors and analysts to continue monitoring the company's ROA along with other financial metrics to assess its overall financial health and performance.
Peer comparison
Jun 30, 2024
See also:
Procter & Gamble Company Return on Assets (ROA) (Quarterly Data)