Smurfit WestRock plc (SW)
Operating return on assets (Operating ROA)
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Jun 30, 2023 | Dec 31, 2022 | ||
|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,655,008 | 2,485,878 | |||
| Total assets | US$ in thousands | 27 | 0 | 12,628,000 | 12,434,000 | 12,482,000 |
| Operating ROA | 6,129,659.26% | — |
June 30, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,655,008K ÷ $27K
= 6,129,659.26%
The operating return on assets (operating ROA) for Smurfit WestRock plc as of June 30, 2024, is recorded at 6,129,659.26%. The significant increase in the operating ROA compared to previous periods indicates a strong performance in generating operating profit relative to the total assets employed. This remarkable improvement suggests efficient utilization of assets to generate operating income and reflects positively on the company's operational effectiveness and profitability. However, without data for other periods for a more comprehensive trend analysis, it is challenging to assess the consistency of this exceptional operating ROA performance. Further monitoring of the company's financial performance across multiple periods would provide a clearer picture of its operating efficiency and profitability sustainability.
Peer comparison
Jun 30, 2024