Zurn Elkay Water Solutions Corporation (ZWS)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 244,600 | 191,400 | 107,100 | 107,000 | 104,100 |
| Total assets | US$ in thousands | 2,648,500 | 2,667,000 | 2,864,000 | 1,077,700 | 3,627,100 |
| Operating ROA | 9.24% | 7.18% | 3.74% | 9.93% | 2.87% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $244,600K ÷ $2,648,500K
= 9.24%
Based on the provided data, Zurn Elkay Water Solutions Corporation's operating return on assets (Operating ROA) has experienced fluctuations over the years. The Operating ROA increased significantly from 2.87% as of March 31, 2020, to 9.93% by December 31, 2021, showcasing a positive trend and efficiency in generating profits from its operating activities relative to its total assets.
However, the Operating ROA dropped to 3.74% by the end of December 31, 2022, which indicates a decline in profitability generated from the company's assets. It then rebounded to 7.18% as of December 31, 2023, demonstrating an improvement in efficiency and return on assets.
By the end of December 31, 2024, the Operating ROA further increased to 9.24%, showing a positive performance in utilizing its assets to generate operating income. Overall, the trend in Zurn Elkay Water Solutions Corporation's Operating ROA suggests variations in operational efficiency and profitability over the analyzed period, with some fluctuations but ending on a positive note in terms of returns relative to assets.
Peer comparison
Dec 31, 2024