Rockwell Automation Inc (ROK)
Operating return on assets (Operating ROA)
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 561,900 | 581,700 | 771,300 | 870,600 | 943,300 | 1,122,800 | 1,069,200 | 943,500 | 902,300 | 767,600 | 734,700 | 775,200 | 828,900 | 1,640,700 | 1,497,200 | 1,497,900 | 1,458,100 | 1,541,700 | 1,726,300 | 1,702,700 |
| Total assets | US$ in thousands | 11,232,100 | 11,188,600 | 11,367,300 | 11,333,300 | 11,304,000 | 11,743,300 | 11,469,100 | 11,149,800 | 10,758,700 | 10,799,900 | 10,715,500 | 10,743,300 | 10,701,600 | 8,573,100 | 8,317,700 | 8,171,000 | 7,264,700 | 7,329,500 | 6,665,900 | 7,107,900 |
| Operating ROA | 5.00% | 5.20% | 6.79% | 7.68% | 8.34% | 9.56% | 9.32% | 8.46% | 8.39% | 7.11% | 6.86% | 7.22% | 7.75% | 19.14% | 18.00% | 18.33% | 20.07% | 21.03% | 25.90% | 23.96% |
September 30, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $561,900K ÷ $11,232,100K
= 5.00%
Operating return on assets (operating ROA) measures a company's ability to generate earnings from its operational assets. In the case of Rockwell Automation Inc, the operating ROA has shown some fluctuations over the past few quarters.
The trend indicates an improvement from 5.00% in September 2024 to 6.79% in March 2024, suggesting an increase in operational efficiency and profitability during that period. However, the operating ROA declined to 5.20% in June 2024 before rebounding to 7.68% in December 2023.
The highest operating ROA was reported in September 2020 at 25.90%, showing strong operational performance in that quarter. Subsequently, there was a gradual decline in operating ROA figures, with occasional spikes in March 2021 and December 2022.
Overall, Rockwell Automation Inc has maintained relatively healthy operating ROA levels, indicating efficient utilization of assets to generate operating income. It is essential for the company to monitor and manage its asset efficiency continuously to ensure sustainable profitability in the long term.
Peer comparison
Sep 30, 2024