Westinghouse Air Brake Technologies Corp (WAB)
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 | 1,609,000 | 1,583,000 | 1,520,000 | 1,402,000 | 1,266,000 | 1,205,000 | 1,096,000 | 1,048,000 | 1,011,000 | 1,028,000 | 984,000 | 923,000 | 876,000 | 773,600 | 763,300 | 719,700 | 745,000 | 809,500 | 771,900 | 813,100 |
| Total assets | US$ in thousands | 18,702,000 | 18,644,000 | 18,876,000 | 18,747,000 | 18,988,000 | 18,800,000 | 18,985,000 | 18,669,000 | 18,516,000 | 18,262,000 | 18,333,000 | 18,438,000 | 18,454,000 | 18,351,900 | 18,512,400 | 18,543,200 | 18,454,000 | 18,444,400 | 18,465,400 | 18,773,100 |
| Operating ROA | 8.60% | 8.49% | 8.05% | 7.48% | 6.67% | 6.41% | 5.77% | 5.61% | 5.46% | 5.63% | 5.37% | 5.01% | 4.75% | 4.22% | 4.12% | 3.88% | 4.04% | 4.39% | 4.18% | 4.33% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,609,000K ÷ $18,702,000K
= 8.60%
Westinghouse Air Brake Technologies Corp's operating return on assets (operating ROA) has shown a generally increasing trend over the period from March 31, 2020, to December 31, 2024. The operating ROA started at 4.33% in March 2020, fluctuated within a narrow range, and then exhibited a noticeable upward trajectory.
The operating ROA increased gradually from 4.33% in March 2020 to 8.60% in December 2024. This upward trend indicates an improvement in the company's ability to generate profits from its operating assets over time.
The data suggests that Westinghouse Air Brake Technologies Corp has been effectively utilizing its assets to generate operating income, reflecting positively on the company's operational efficiency and profitability. The increasing trend in operating ROA indicates that the company has been able to enhance its operational performance and efficiency, which bodes well for its financial health and performance in the future.
Peer comparison
Dec 31, 2024