Sealed Air Corporation (SEE)
Return on assets (ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 264,700 | 341,600 | 491,600 | 506,800 | 502,900 |
Total assets | US$ in thousands | 7,022,100 | 7,200,600 | 6,214,700 | 6,229,300 | 6,083,800 |
ROA | 3.77% | 4.74% | 7.91% | 8.14% | 8.27% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $264,700K ÷ $7,022,100K
= 3.77%
The return on assets (ROA) of Sealed Air Corporation has shown a declining trend over the past five years. In December 2020, the ROA was at 8.27%, indicating that the company generated 8.27 cents of profit for every dollar of assets it owned. However, by December 2024, the ROA had decreased to 3.77%, suggesting a decrease in the company's efficiency in generating profits from its assets.
This decline in ROA could be attributed to various factors such as decreased profitability or inefficient utilization of assets. It is essential for Sealed Air Corporation to closely monitor its asset management and profitability to improve its ROA and ensure sustainable business performance in the future.
Peer comparison
Dec 31, 2024