Regal Beloit Corporation (RRX)
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 | 629,400 | 655,000 | 460,500 | 431,100 | 387,100 | 385,100 | 579,400 | 622,700 | 690,400 | 557,600 | 491,100 | 405,200 | 332,400 | 387,700 | 370,300 | 307,200 | 280,100 | 267,600 | 250,400 | 300,500 |
| Total assets | US$ in thousands | 14,033,700 | 14,559,000 | 14,607,700 | 15,073,800 | 15,431,400 | 15,365,000 | 15,857,800 | 16,547,400 | 10,268,900 | 10,249,000 | 10,458,500 | 10,471,100 | 10,281,600 | 4,485,000 | 4,773,700 | 4,627,200 | 4,589,000 | 4,479,400 | 4,408,100 | 4,585,900 |
| Operating ROA | 4.48% | 4.50% | 3.15% | 2.86% | 2.51% | 2.51% | 3.65% | 3.76% | 6.72% | 5.44% | 4.70% | 3.87% | 3.23% | 8.64% | 7.76% | 6.64% | 6.10% | 5.97% | 5.68% | 6.55% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $629,400K ÷ $14,033,700K
= 4.48%
Regal Beloit Corporation's Operating Return on Assets (Operating ROA) fluctuated over the analyzed periods, ranging from a low of 2.51% in September 2023 and December 2023 to a high of 8.64% in September 2021. Notably, the Operating ROA experienced a general upward trend from the later part of 2021 through the middle of 2022, peaking at 8.64% in September 2021. However, there was a decline in the ratio in the subsequent periods.
Overall, the Operating ROA indicates how efficiently the company is generating profits from its asset base used in operations. The analysis of this ratio should consider factors such as asset management, operational efficiency, and profitability. The decline in the Operating ROA from the peak in September 2021 to the end of 2024 suggests a decrease in profitability relative to the asset base. This trend may warrant further investigation into the company's operational performance and asset utilization efficiency.
Peer comparison
Dec 31, 2024