Stanley Black & Decker Inc (SWK)
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 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 286,300 | -213,000 | -299,400 | -103,200 | -310,500 | -106,700 | 733,200 | 643,800 | 1,006,900 | 1,435,600 | 1,005,200 | 1,377,100 | 1,689,200 | 1,819,100 | 1,790,500 | 1,564,700 | 1,210,500 | 951,600 | 796,500 | 919,100 |
| Total assets | US$ in thousands | 21,848,900 | 22,481,800 | 22,454,200 | 23,853,900 | 23,663,800 | 24,097,100 | 24,933,200 | 25,071,700 | 24,963,300 | 25,523,900 | 29,361,400 | 29,358,700 | 28,197,600 | 24,326,600 | 23,962,900 | 23,876,000 | 23,566,300 | 23,040,900 | 22,984,400 | 22,905,000 |
| ROA | 1.31% | -0.95% | -1.33% | -0.43% | -1.31% | -0.44% | 2.94% | 2.57% | 4.03% | 5.62% | 3.42% | 4.69% | 5.99% | 7.48% | 7.47% | 6.55% | 5.14% | 4.13% | 3.47% | 4.01% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $286,300K ÷ $21,848,900K
= 1.31%
The return on assets (ROA) of Stanley Black & Decker Inc has exhibited fluctuations over the past few years. Starting from March 31, 2020, with an ROA of 4.01%, the company's performance improved gradually, reaching a peak of 7.48% on September 30, 2021. However, the ROA started declining thereafter, dropping to 4.03% by December 31, 2022, before falling into negative territory in the following quarters.
The negative ROA values recorded from March 31, 2023, to June 30, 2024, indicate that the company's net income generated from its assets was insufficient to cover the asset base during those specific periods. It is important to note that a negative ROA signifies operational inefficiencies or financial challenges that warrant further investigation and management attention.
Overall, the analysis suggests that Stanley Black & Decker Inc faced profitability challenges in certain quarters, leading to a decline in its return on assets. Monitoring the ROA trend closely and identifying the underlying reasons for the negative values will be critical for assessing the company's operational efficiency and financial health in the future.
Peer comparison
Dec 31, 2024