Westinghouse Air Brake Technologies Corp (WAB)
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 | 1,609,000 | 1,266,000 | 1,011,000 | 876,000 | 745,000 |
| Total assets | US$ in thousands | 18,702,000 | 18,988,000 | 18,516,000 | 18,454,000 | 18,454,000 |
| Operating ROA | 8.60% | 6.67% | 5.46% | 4.75% | 4.04% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $1,609,000K ÷ $18,702,000K
= 8.60%
The operating return on assets (ROA) of Westinghouse Air Brake Technologies Corp has been showing a consistent upward trend over the past five years, increasing from 4.04% on December 31, 2020, to 8.60% on December 31, 2024. This indicates that the company has been able to generate more operating income relative to its asset base over the years, reflecting improved operational efficiency and profitability. The steady improvement in operating ROA suggests that the company's management has been effectively utilizing its assets to drive earnings growth and create value for shareholders. This positive trend may indicate a stronger competitive position in the market and a more efficient use of resources within the organization.
Peer comparison
Dec 31, 2024