Rockwell Automation Inc (ROK)

Return on assets (ROA)

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Net income	US$ in thousands	952,500	1,387,400	932,200	1,358,100	1,023,400
Total assets	US$ in thousands	11,232,100	11,304,000	10,758,700	10,701,600	7,264,700
ROA		8.48%	12.27%	8.66%	12.69%	14.09%

September 30, 2024 calculation

ROA = Net income ÷ Total assets
= $952,500K ÷ $11,232,100K
= 8.48%

Rockwell Automation Inc's return on assets (ROA) has shown a downward trend over the past five years. The ROA decreased from 14.09% in 2020 to 8.48% in 2024. This indicates that the company's ability to generate profit from its assets has declined over this period. A lower ROA could suggest inefficiencies in asset utilization or declining profitability. It is important for the company to analyze the factors contributing to this trend and take necessary actions to improve its ROA in order to enhance overall financial performance.

Peer comparison

Sep 30, 2024

Company name

Symbol

ROA

Rockwell Automation Inc

ROK

8.48%

Onto Innovation Inc

ONTO

6.34%

Thermo Fisher Scientific Inc