Smurfit WestRock plc (SW)
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 | Dec 31, 2022 | Jun 30, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 327,715 | 304,889 | 683,889 | 1,198,259 | 1,395,432 | 1,745,230 | 1,946,811 | 1,803,611 | 1,745,030 | 1,423,165 |
| Total assets | US$ in thousands | 43,759,000 | 45,029,000 | 25 | 0 | 12,628,000 | — | 12,434,000 | 12,482,000 | — | — |
| ROA | 0.75% | 0.68% | 2,735,556.00% | — | 11.05% | — | 15.66% | 14.45% | — | — |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $327,715K ÷ $43,759,000K
= 0.75%
Smurfit WestRock plc's return on assets (ROA) has fluctuated over the analysed periods, showing a mix of positive and negative trends. From December 31, 2022, ROA improved significantly to 15.66% by June 30, 2023, indicating an increase in the company's ability to generate profit relative to its total assets. However, this positive trend was not sustained, as the ROA dropped to 11.05% by December 31, 2023.
Of concern is the significant anomaly observed on June 30, 2024, where the reported ROA was exceptionally high at 2,735,556.00%. This appears to be a data error or anomaly that should be investigated further to ensure the accuracy of the financial information provided.
Subsequently, the ROA declined to more realistic levels, reaching 0.68% by September 30, 2024, and further dropping to 0.75% by December 31, 2024. These lower percentages suggest that Smurfit WestRock plc's profitability in relation to its total assets decreased during this period.
Overall, the company needs to address the fluctuations in its ROA and investigate the anomalous data point to ensure the reliability of its financial reporting. Monitoring and managing ROA effectively can help the company evaluate its asset utilization and profitability performance over time.
Peer comparison
Dec 31, 2024