Stanley Black & Decker Inc (SWK)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -310,500 | -51,100 | 788,800 | 699,400 | 1,062,500 | 1,435,600 | 1,005,200 | 1,377,100 | 1,689,200 | 1,828,400 | 1,809,100 | 1,588,000 | 1,233,800 | 965,600 | 801,200 | 919,100 | 955,800 | 649,900 | 649,900 | 649,900 |
| 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 |
| ROA | -1.31% | -0.21% | 3.16% | 2.79% | 4.26% | 5.62% | 3.42% | 4.69% | 5.99% | 7.52% | 7.55% | 6.65% | 5.24% | 4.19% | 3.49% | 4.01% | 4.64% | 3.05% | 3.02% | 3.03% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $-310,500K ÷ $23,663,800K
= -1.31%
The Return on Assets (ROA) for Stanley Black & Decker Inc has been fluctuating over the past few quarters, with values ranging from -1.31% to 7.55%. The ROA measures the company's ability to generate profits relative to its total assets, indicating how effectively the company is utilizing its assets to generate earnings.
In the more recent quarters, the ROA has shown a declining trend, dropping from 7.55% in the third quarter of 2021 to -1.31% in the fourth quarter of 2023. This may suggest a decrease in the company's profitability relative to its asset base.
Overall, Stanley Black & Decker's ROA has generally been positive, reflecting the company's ability to generate earnings from its assets. However, the declining trend in the more recent quarters may indicate a need for closer monitoring and potential adjustments in asset utilization strategies to improve profitability.
Peer comparison
Dec 31, 2023