Regal Beloit Corporation (RRX)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 196,200 | 210,900 | -1,300 | -31,700 | -57,000 | -11,400 | 247,900 | 357,800 | 488,900 | 382,600 | 332,300 | 269,900 | 209,900 | 265,100 | 260,600 | 209,100 | 189,300 | 175,600 | 160,300 | 198,800 |
| 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 |
| ROA | 1.40% | 1.45% | -0.01% | -0.21% | -0.37% | -0.07% | 1.56% | 2.16% | 4.76% | 3.73% | 3.18% | 2.58% | 2.04% | 5.91% | 5.46% | 4.52% | 4.13% | 3.92% | 3.64% | 4.34% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $196,200K ÷ $14,033,700K
= 1.40%
The return on assets (ROA) of Regal Beloit Corporation has exhibited fluctuations over the period from March 31, 2020, to December 31, 2024. The ROA started at 4.34% in March 2020 and gradually decreased to 1.56% by June 2023. However, there was a significant increase in ROA to 5.91% by September 2021, followed by a decline in the subsequent quarters.
From December 2021 to September 2024, the ROA fluctuated between negative territory (-0.37% in December 2023) and positive territory (1.45% in September 2024). This indicates varying levels of profitability generated by Regal Beloit Corporation in relation to its asset base during this period.
Overall, the ROA trend suggests that there have been periods of both strength and weakness in the company's ability to generate profits from its assets. Further analysis would be required to understand the underlying factors driving these fluctuations and to assess the long-term sustainability of the company's profitability.
Peer comparison
Dec 31, 2024