Xylem Inc (XYL)
Operating return on assets (Operating ROA)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 652,000 | 638,000 | 615,000 | 642,000 | 622,000 | 565,000 | 549,000 | 563,000 | 585,000 | 624,000 | 545,000 | 439,000 | 367,000 | 383,000 | 321,000 | 438,000 | 486,000 | 485,000 | 650,000 | 650,000 |
| Total assets | US$ in thousands | 16,112,000 | 15,905,000 | 16,097,000 | 7,940,000 | 7,952,000 | 8,106,000 | 8,189,000 | 8,219,000 | 8,276,000 | 8,151,000 | 8,785,000 | 8,545,000 | 8,750,000 | 8,448,000 | 8,444,000 | 7,591,000 | 7,710,000 | 7,515,000 | 7,674,000 | 7,468,000 |
| Operating ROA | 4.05% | 4.01% | 3.82% | 8.09% | 7.82% | 6.97% | 6.70% | 6.85% | 7.07% | 7.66% | 6.20% | 5.14% | 4.19% | 4.53% | 3.80% | 5.77% | 6.30% | 6.45% | 8.47% | 8.70% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $652,000K ÷ $16,112,000K
= 4.05%
Xylem Inc's operating return on assets (operating ROA) has shown some fluctuations over the past eight quarters. In Q4 2023, the operating ROA was 4.52%, a slight increase from the previous quarter's 4.41%. However, this figure was lower compared to the same quarter in the previous year, which stood at 8.19%.
Looking at the trend over the past year, the operating ROA was relatively stable in the range of 6.77% to 8.55%. The highest point was in Q1 2023 at 8.55%, while the lowest point was in Q2 2023 at 4.18%.
Overall, Xylem Inc's operating ROA indicates that the company has been generating a moderate return on its assets over the past eight quarters, with some fluctuations in performance. It is important for the company to continue monitoring and analyzing this metric to ensure efficient utilization of its assets to drive profitability.
Peer comparison
Dec 31, 2023