Xylem Inc (XYL)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 609,000 | 492,000 | 352,000 | 372,000 | 355,000 | 319,000 | 421,000 | 422,000 | 427,000 | 462,000 | 385,000 | 303,000 | 254,000 | 224,000 | 252,000 | 360,000 | 401,000 | 508,000 | 573,000 | 549,000 |
| 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 |
| ROA | 3.78% | 3.09% | 2.19% | 4.69% | 4.46% | 3.94% | 5.14% | 5.13% | 5.16% | 5.67% | 4.38% | 3.55% | 2.90% | 2.65% | 2.98% | 4.74% | 5.20% | 6.76% | 7.47% | 7.35% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $609,000K ÷ $16,112,000K
= 3.78%
Xylem Inc's return on assets (ROA) has shown fluctuation over the past eight quarters. In Q4 2023, the ROA was 3.78%, which was an improvement compared to the previous quarter. However, it was lower than the Q1 2023 and Q4 2022 figures. The ROA reached its lowest point in Q2 2023 at 2.19%, indicating a lower efficiency in generating profits from its assets during that period.
Overall, Xylem Inc's ROA has been relatively stable, staying within the range of 2.19% to 5.14% over the past eight quarters, with the highest performance seen in Q2 2022. This suggests that the company has been able to effectively utilize its assets to generate profits, albeit with some variability in performance. Further analysis of the company's asset management and profitability levels can provide additional insights into its financial health and operational efficiency.
Peer comparison
Dec 31, 2023