Smurfit WestRock plc (SW)
Return on assets (ROA)
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Jun 30, 2023 | Dec 31, 2022 | ||
|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,010,370 | 1,385,281 | |||
| Total assets | US$ in thousands | 27 | 0 | 12,628,000 | 12,434,000 | 12,482,000 |
| ROA | 3,742,111.11% | — |
June 30, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $1,010,370K ÷ $27K
= 3,742,111.11%
Based on the provided data, it appears that the return on assets (ROA) for Smurfit WestRock plc as of June 30, 2024, is exceptionally high at 3,742,111.11%. This indicates a significant profitability relative to the assets employed by the company. However, the lack of comparative data for previous periods limits the ability to assess the trend in ROA over time. It is advisable to monitor future financial reports to determine if this high ROA level is sustainable and indicative of the company's operational efficiency and profitability.
Peer comparison
Jun 30, 2024
Company name
Symbol
ROA
Smurfit WestRock plc
SW
3,742,111.11%
Graphic Packaging Holding Company
GPK
6.47%
Packaging Corp of America
PKG
8.81%
Sonoco Products Company
SON
6.60%