Pentair PLC (PNR)
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 | 803,800 | 775,700 | 775,900 | 736,400 | 739,200 | 683,800 | 650,800 | 633,100 | 595,300 | 634,400 | 654,600 | 625,600 | 636,900 | 607,700 | 568,500 | 517,800 | 461,400 | 462,200 | 442,900 | 465,600 |
Total assets | US$ in thousands | 6,446,500 | 6,472,600 | 6,548,000 | 6,738,700 | 6,563,300 | 6,411,000 | 6,508,300 | 6,671,200 | 6,447,500 | 6,508,600 | 4,872,200 | 4,975,900 | 4,753,600 | 4,472,800 | 4,354,700 | 4,384,100 | 4,197,200 | 4,103,500 | 4,116,100 | 4,426,700 |
Operating ROA | 12.47% | 11.98% | 11.85% | 10.93% | 11.26% | 10.67% | 10.00% | 9.49% | 9.23% | 9.75% | 13.44% | 12.57% | 13.40% | 13.59% | 13.05% | 11.81% | 10.99% | 11.26% | 10.76% | 10.52% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $803,800K ÷ $6,446,500K
= 12.47%
Pentair PLC's operating return on assets (operating ROA) has shown some fluctuations over the analyzed period. Starting at 10.52% on March 31, 2020, the operating ROA gradually increased to 13.59% on September 30, 2021, indicating improved efficiency in generating income from its assets.
However, the trend was not consistently upward, as there were some variations in the following quarters. The operating ROA peaked at 13.44% on June 30, 2022, before experiencing a decline to 9.23% on December 31, 2022. Nonetheless, the operating ROA generally remained above 10% during this period, reflecting Pentair's ability to effectively utilize its assets to generate operating profits.
Investors and stakeholders should continue to monitor Pentair's operating ROA to assess the company's operational efficiency and asset utilization in driving profitability. Any sustained trends in operating ROA could provide valuable insights into the company's financial health and performance.
Peer comparison
Dec 31, 2024