SPX Corp (SPXC)

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 322,000 294,900 273,700 239,900 221,900 152,500 108,500 84,500 52,700 72,900 71,000 56,600 70,300 91,300 109,500 131,000 132,000 148,100 145,700 137,600
Total assets US$ in thousands 2,714,500 2,806,000 2,783,100 2,799,600 2,439,700 2,473,000 2,501,600 2,021,400 1,930,900 2,482,500 2,489,600 2,567,200 2,628,600 2,489,800 2,410,500 2,297,000 2,297,700 2,250,000 2,256,400 2,221,900
Operating ROA 11.86% 10.51% 9.83% 8.57% 9.10% 6.17% 4.34% 4.18% 2.73% 2.94% 2.85% 2.20% 2.67% 3.67% 4.54% 5.70% 5.74% 6.58% 6.46% 6.19%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $322,000K ÷ $2,714,500K
= 11.86%

The operating return on assets (operating ROA) for SPX Corp has experienced fluctuations over the time period provided. It started at 6.19% on March 31, 2020, and showed a gradual increase until reaching its peak at 11.86% on December 31, 2024. However, there were periods of decline in between, notably a decrease to 2.20% on March 31, 2022.

Overall, the trend indicates some volatility in SPX Corp's operating ROA, with fluctuations in performance impacting the company's ability to generate profits from its assets. Further analysis would be needed to understand the factors driving these fluctuations and assess the company's overall financial health and operational efficiency.


Peer comparison

Dec 31, 2024

Company name
Symbol
Operating ROA
SPX Corp
SPXC
11.86%
Lincoln Electric Holdings Inc
LECO
19.09%