Timken Company (TKR)
Operating return on assets (Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 615,800 | 622,000 | 625,300 | 654,100 | 657,100 | 664,900 | 647,000 | 622,200 | 606,900 | 566,000 | 558,600 | 534,700 | 513,100 | 525,800 | 520,500 | 483,900 | 454,900 | 449,600 | 458,500 | 488,200 |
| Total assets | US$ in thousands | 6,411,000 | 6,767,400 | 6,575,900 | 6,544,000 | 6,541,700 | 6,244,700 | 6,251,300 | 5,853,000 | 5,772,400 | 5,281,900 | 5,442,500 | 5,458,500 | 5,170,700 | 5,145,600 | 5,166,200 | 5,106,200 | 5,041,600 | 4,909,100 | 4,901,000 | 4,980,000 |
| Operating ROA | 9.61% | 9.19% | 9.51% | 10.00% | 10.04% | 10.65% | 10.35% | 10.63% | 10.51% | 10.72% | 10.26% | 9.80% | 9.92% | 10.22% | 10.08% | 9.48% | 9.02% | 9.16% | 9.36% | 9.80% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $615,800K ÷ $6,411,000K
= 9.61%
The operating return on assets (operating ROA) of Timken Company shows fluctuations over the periods from March 31, 2020, to December 31, 2024. The operating ROA started at 9.80% in March 2020, gradually decreased to 9.02% by December 2020, and then showed an increasing trend, reaching 10.72% in September 2022. Subsequently, it fluctuated between 9.51% and 10.72% until December 2024.
Overall, Timken Company's operating ROA indicates the efficiency with which the company is utilizing its assets to generate operating income. The variations in the operating ROA could be influenced by changes in the company's operating performance, asset utilization, profitability, or a combination of these factors. Analyzing the trends in operating ROA can provide insights into the company's operational efficiency and financial health over time.
Peer comparison
Dec 31, 2024