Sealed Air Corporation (SEE)
Operating return on assets (Operating ROA)
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 754,600 | 771,400 | 841,800 | 852,200 | 944,800 | 1,017,000 | 990,300 | 960,500 | 900,900 | 821,500 | 814,700 | 803,800 | 788,100 | 772,300 | 731,800 | 624,200 | 578,500 | 538,900 | 548,100 | 629,900 |
| Total assets | US$ in thousands | 7,200,600 | 7,367,700 | 7,524,400 | 7,356,200 | 6,214,700 | 6,075,100 | 6,105,400 | 6,117,000 | 6,229,300 | 6,159,800 | 6,006,600 | 5,918,700 | 6,083,800 | 5,828,200 | 5,756,300 | 5,671,000 | 5,765,200 | 5,676,400 | 5,216,500 | 5,155,000 |
| Operating ROA | 10.48% | 10.47% | 11.19% | 11.58% | 15.20% | 16.74% | 16.22% | 15.70% | 14.46% | 13.34% | 13.56% | 13.58% | 12.95% | 13.25% | 12.71% | 11.01% | 10.03% | 9.49% | 10.51% | 12.22% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $754,600K ÷ $7,200,600K
= 10.48%
Sealed Air Corp.'s operating return on assets (operating ROA) has shown a consistent trend over the past eight quarters. The operating ROA ranged between 11.20% and 11.64% in the most recent four quarters, reflecting a stable operational efficiency in utilizing its assets to generate operating income.
Comparing the current operating ROA figures to the values from the previous year, there is a noticeable decline in performance. In Q4 2022, the operating ROA was significantly higher at 15.30%, gradually reducing to 11.38% in Q4 2023. This declining trend may indicate that the company's ability to generate operating income from its assets has weakened over the past year.
It is essential for Sealed Air Corp. to closely monitor and analyze the factors influencing its operating ROA to identify opportunities for improvement. A declining operating ROA could be a red flag for investors and stakeholders, signaling potential inefficiencies in the company's operations or asset management strategies. A proactive approach to addressing these issues and implementing operational enhancements may help Sealed Air Corp. enhance its profitability and competitiveness in the market.
Peer comparison
Dec 31, 2023