GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Crawford United Corp (OTCPK:CRAWA) » Definitions » ROA %

Crawford United (Crawford United) ROA % : 11.96% (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is Crawford United ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Crawford United's annualized Net Income for the quarter that ended in Mar. 2024 was $12.0 Mil. Crawford United's average Total Assets over the quarter that ended in Mar. 2024 was $100.2 Mil. Therefore, Crawford United's annualized ROA % for the quarter that ended in Mar. 2024 was 11.96%.

The historical rank and industry rank for Crawford United's ROA % or its related term are showing as below:

CRAWA' s ROA % Range Over the Past 10 Years
Min: -3.22   Med: 7.71   Max: 48.01
Current: 12.85

During the past 13 years, Crawford United's highest ROA % was 48.01%. The lowest was -3.22%. And the median was 7.71%.

CRAWA's ROA % is ranked better than
92.21% of 3015 companies
in the Industrial Products industry
Industry Median: 3.48 vs CRAWA: 12.85

Crawford United ROA % Historical Data

The historical data trend for Crawford United's ROA % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Crawford United ROA % Chart

Crawford United Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.34 8.53 6.83 6.89 13.76

Crawford United Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.53 15.31 11.24 13.37 11.96

Competitive Comparison of Crawford United's ROA %

For the Specialty Industrial Machinery subindustry, Crawford United's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Crawford United's ROA % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Crawford United's ROA % distribution charts can be found below:

* The bar in red indicates where Crawford United's ROA % falls into.



Crawford United ROA % Calculation

Crawford United's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=13.295/( (99.598+93.64)/ 2 )
=13.295/96.619
=13.76 %

Crawford United's annualized ROA % for the quarter that ended in Mar. 2024 is calculated as:

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=11.988/( (93.64+106.856)/ 2 )
=11.988/100.248
=11.96 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2024) net income data. ROA % is displayed in the 30-year financial page.


Crawford United  (OTCPK:CRAWA) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=11.988/100.248
=(Net Income / Revenue)*(Revenue / Total Assets)
=(11.988 / 153.76)*(153.76 / 100.248)
=Net Margin %*Asset Turnover
=7.8 %*1.5338
=11.96 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Crawford United ROA % Related Terms

Thank you for viewing the detailed overview of Crawford United's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Crawford United (Crawford United) Business Description

Traded in Other Exchanges
N/A
Address
10514 Dupont Avenue, Cleveland, OH, USA, 44108
Crawford United Corp is engaged in providing specialty industrial products to diverse markets of healthcare, education, automotive, aerospace, trucking, and petrochemical. The company operates through the following segments, namely Commercial Air Handling Equipment, which is into designing, manufacturing, and installing large-scale commercial, institutional, and industrial custom air handling solutions; and Industrial & Transportation Products, which is into the manufacture of flexible interlocking metal hoses and the distribution of silicone and hydraulic hoses. The company's geographical segments include the United States, Puerto Rico, Mexico, Canada, and Others.
Executives
Matthew V Crawford director
Edward F Crawford director
James W Wert director
Jay Daly officer: Chief Financial Officer 10514 DUPONT AVENUE, CLEVELAND OH 44108
Luis Enrique Jimenez director 10514 DUPONT AVENUE, CLEVELAND OH 44108
George Richard Hart officer: Vice President of Engineering C/O HICKOK INCORPORATED, 10514 DUPONT AVENUE, CLEVELAND OH 44108
Kelly Kuna officer: Chief Financial Officer 6050 OAK TREE BLVD., SUITE #500, CLEVELAND OH 44131
Steven Rosen director, 10 percent owner 25101 CHAGRIN BOULEVARD SUITE 350, BEACHWOOD OH 44122
Brian E Powers director 25101 CHAGRIN BLVD., SUITE 210, CLEVELAND OH 44122
Three Bears Trust 10 percent owner 1660 WEST 2ND STREET, SUITE 1100, CLEVELAND OH 44122
Jennifer Aplin Elliot director, 10 percent owner 1178 BELLINGHAM DR., OCEANSIDE CA 92057
Roundball Llc 10 percent owner 1660 WEST 2ND STREET SUITE 1100, CLEVELAND OH 44113
Kirin Smith director C/O HICKOK INCORPORATED, 10514 DUPONT AVENUE, CLEVELAND OH 44108
Patrick R Bauman officer: Vice President Sales/Marketing 851 STUART AVENUE, SOUTH EUCLID OH 44121
James F Allen officer: Vice President Manufacturing 1307 JANE LANE, GREENWOOD MS 38930

Crawford United (Crawford United) Headlines

From GuruFocus

Crawford United Corporation Announces First Quarter 2022 Results

By GuruFocusNews GuruFocusNews 07-02-2022

Crawford United Corporation Announces First Quarter 2022 Results

By GuruFocusNews GuruFocusNews 06-12-2022

Crawford United Corporation Acquires Emergency Hydraulics

By Marketwired Marketwired 07-01-2021

Crawford United Corporation Announces Third Quarter 2020 Results

By Marketwired Marketwired 11-10-2020

Crawford United Corporation Acquires Emergency Hydraulics

By GlobeNewswire GlobeNewswire 07-01-2021

Federal Hose Acquires Marine Products International

By Marketwired Marketwired 01-06-2020

Crawford United Corporation Announces First Quarter 2021 Results

By Marketwired Marketwired 05-11-2021