Zurn Elkay Water Solutions Corporation (ZWS)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 205,500 | 216,300 | 200,900 | 191,400 | 178,400 | 108,200 | 106,900 | 107,100 | 100,500 | 143,100 | 126,900 | 107,000 | 166,200 | 199,700 | 250,400 | 304,000 | 320,100 | 334,300 | 327,500 | 320,800 |
| Total assets | US$ in thousands | 2,648,500 | 2,704,800 | 2,664,200 | 2,667,000 | 2,812,900 | 2,802,000 | 2,810,000 | 2,864,000 | 2,927,000 | 1,176,300 | 1,118,600 | 1,077,700 | 3,689,100 | 3,602,300 | 3,487,300 | 3,405,400 | 3,367,200 | 3,627,100 | 3,261,600 | 3,311,000 |
| Operating ROA | 7.76% | 8.00% | 7.54% | 7.18% | 6.34% | 3.86% | 3.80% | 3.74% | 3.43% | 12.17% | 11.34% | 9.93% | 4.51% | 5.54% | 7.18% | 8.93% | 9.51% | 9.22% | 10.04% | 9.69% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $205,500K ÷ $2,648,500K
= 7.76%
Operating Return on Assets (Operating ROA) is a key financial ratio that measures a company's ability to generate profits from its operational activities relative to its total assets.
Analyzing the data provided for Zurn Elkay Water Solutions Corporation, we observe fluctuations in the Operating ROA over the given time period.
From September 30, 2019, to December 31, 2019, there was an increase in Operating ROA from 9.69% to 10.04%. This uptrend continued until June 30, 2020, with a peak of 9.51%. However, the Operating ROA started to decline from September 30, 2020, reaching a low of 4.51% on September 30, 2021.
There was a significant recovery in the Operating ROA for the next few quarters, notably reaching 12.17% on June 30, 2022. However, the ratio experienced a sharp decline to 3.43% on September 30, 2022, before gradually increasing to 7.76% by December 31, 2024.
Overall, the Operating ROA of Zurn Elkay Water Solutions Corporation shows a fluctuating trend, indicating varying levels of profitability generated from its operational activities in relation to its total assets over the analyzed period.
Peer comparison
Dec 31, 2024