Terex Corporation (TEX)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 526,000 | 637,000 | 420,000 | 328,000 | 68,400 |
| Total assets | US$ in thousands | 5,730,000 | 3,615,000 | 3,118,100 | 2,863,500 | 3,031,800 |
| Operating ROA | 9.18% | 17.62% | 13.47% | 11.45% | 2.26% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $526,000K ÷ $5,730,000K
= 9.18%
Terex Corporation's operating return on assets (ROA) has shown varying trends over the years as per the data provided. Starting at 2.26% on December 31, 2020, the operating ROA experienced a significant increase to 11.45% by December 31, 2021. This positive trend continued with further improvements to 13.47% on December 31, 2022, and a peak of 17.62% by December 31, 2023.
However, the operating ROA dipped to 9.18% by December 31, 2024, indicating a decrease compared to the previous year. It is worth noting that overall, Terex Corporation has demonstrated an upward trend in operating ROA over the evaluated period, with a notable peak in 2023. The fluctuations in operating ROA suggest changes in the company's operational efficiency and profitability during these years, which may be influenced by various internal and external factors impacting the business.