Pentair PLC (PNR)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 803,800 | 739,200 | 595,300 | 636,900 | 461,400 |
| Total assets | US$ in thousands | 6,446,500 | 6,563,300 | 6,447,500 | 4,753,600 | 4,197,200 |
| Operating ROA | 12.47% | 11.26% | 9.23% | 13.40% | 10.99% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $803,800K ÷ $6,446,500K
= 12.47%
The operating return on assets (operating ROA) of Pentair PLC has exhibited fluctuations over the years based on the provided data. The ratio increased from 10.99% as of December 31, 2020, to 13.40% by December 31, 2021, indicating improved operational efficiency in generating profits relative to its assets in that year. However, the operating ROA declined to 9.23% by December 31, 2022, before rebounding to 11.26% by December 31, 2023, and further increasing to 12.47% by December 31, 2024.
The overall trend suggests some variability in the company's ability to generate operating income in relation to its total assets during the period under review. Investors and stakeholders may want to delve deeper into the company's operational performance and asset utilization strategies to understand the factors driving these fluctuations in the operating ROA.
Peer comparison
Dec 31, 2024