Westinghouse Air Brake Technologies Corp (WAB)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,056,000 | 1,059,000 | 1,016,000 | 918,000 | 815,000 | 758,000 | 678,000 | 653,000 | 633,000 | 665,000 | 636,000 | 595,000 | 558,000 | 455,500 | 452,600 | 414,400 | 414,000 | 462,200 | 425,200 | 442,500 |
| 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 |
| ROA | 5.65% | 5.68% | 5.38% | 4.90% | 4.29% | 4.03% | 3.57% | 3.50% | 3.42% | 3.64% | 3.47% | 3.23% | 3.02% | 2.48% | 2.44% | 2.23% | 2.24% | 2.51% | 2.30% | 2.36% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $1,056,000K ÷ $18,702,000K
= 5.65%
Westinghouse Air Brake Technologies Corp's return on assets (ROA) has shown a positive trend over the quarters, starting at 2.36% as of March 31, 2020, and increasing steadily to 5.65% by December 31, 2024. This indicates that the company has been effectively utilizing its assets to generate profits. The ROA improvement suggests that the company is becoming more efficient in generating earnings relative to its total assets. Overall, the increasing trend in ROA reflects positively on Westinghouse Air Brake Technologies Corp's operational efficiency and financial performance over the analyzed period.
Peer comparison
Dec 31, 2024