Stanley Black & Decker Inc (SWK)
Operating return on assets (Operating ROA)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -5,200,800 | 1,295,100 | 1,256,000 | 1,502,300 | 1,836,000 | 2,159,500 | 2,383,800 | 2,651,400 | 2,976,100 | 2,746,000 | 2,925,100 | 2,597,000 | 2,176,000 | 1,894,200 | 1,727,500 | 1,941,200 | 1,994,000 | 1,913,500 | 1,872,000 | 1,831,100 |
| Total assets | US$ in thousands | 23,663,800 | 24,097,100 | 24,933,200 | 25,071,700 | 24,963,300 | 25,523,900 | 29,361,400 | 29,358,700 | 28,180,000 | 24,326,600 | 23,962,900 | 23,876,000 | 23,566,300 | 23,040,900 | 22,984,400 | 22,905,000 | 20,596,600 | 21,322,500 | 21,523,600 | 21,460,300 |
| Operating ROA | -21.98% | 5.37% | 5.04% | 5.99% | 7.35% | 8.46% | 8.12% | 9.03% | 10.56% | 11.29% | 12.21% | 10.88% | 9.23% | 8.22% | 7.52% | 8.48% | 9.68% | 8.97% | 8.70% | 8.53% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-5,200,800K ÷ $23,663,800K
= -21.98%
The operating return on assets (operating ROA) for Stanley Black & Decker Inc has exhibited fluctuations over the periods under consideration. It transitioned from a negative value of -21.98% at the end of 2023 to a positive value of 5.37% in the following quarter. Subsequently, the ratio continued to increase to 5.99% at the end of the first quarter of 2023.
The trend then shifted upwards, reaching a peak of 12.21% in the second quarter of 2021 before slightly moderating. Thereafter, the operating ROA fluctuated but generally remained above 8% for most of the periods.
Overall, Stanley Black & Decker Inc's operating ROA illustrates variability but generally indicates a positive operational performance in utilizing its assets to generate operating income. It is essential for the company to sustain or improve this ratio over time to enhance its operational efficiency and profitability.
Peer comparison
Dec 31, 2023