Gibraltar Industries Inc (ROCK)
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 | 143,023 | 150,729 | 130,102 | 96,988 | 107,190 |
| Total assets | US$ in thousands | 1,419,410 | 1,256,450 | 1,210,610 | 1,214,900 | 1,212,490 |
| Operating ROA | 10.08% | 12.00% | 10.75% | 7.98% | 8.84% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $143,023K ÷ $1,419,410K
= 10.08%
Based on the data provided, Gibraltar Industries Inc's operating return on assets (operating ROA) has exhibited fluctuations over the five-year period from December 31, 2020, to December 31, 2024. The operating ROA started at 8.84% in 2020 and slightly decreased to 7.98% by the end of 2021. However, in the following years, there was a notable improvement in the operating ROA performance, reaching 10.75% by December 31, 2022, and further increasing to 12.00% by the end of 2023.
In 2024, the operating ROA dipped to 10.08%. Overall, the trend indicates a positive performance improvement in the operating ROA of Gibraltar Industries Inc from 2020 to 2023, followed by a slight decline in 2024. The company's ability to generate operating income relative to its total assets has shown variability, with a significant positive uptrend in the middle years of the period under consideration. The fluctuations in operating ROA should be further evaluated to discern the factors driving the changes in the company's profitability and asset utilization.
Peer comparison
Dec 31, 2024