Aramark Holdings (ARMK)

Operating return on assets (Operating ROA)

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Operating income	US$ in thousands	706,500	625,000	628,365	191,444	-264,900
Total assets	US$ in thousands	12,674,400	16,871,200	15,082,400	14,376,200	15,712,700
Operating ROA		5.57%	3.70%	4.17%	1.33%	-1.69%

September 30, 2024 calculation

Operating ROA = Operating income ÷ Total assets
= $706,500K ÷ $12,674,400K
= 5.57%

Aramark Holdings' operating return on assets (operating ROA) has shown a positive trend over the past five years. The company's operating ROA increased from -1.69% in 2020 to 5.57% in 2024, indicating an improvement in the company's ability to generate operating income relative to its total assets. This positive trend suggests that Aramark Holdings has become more efficient in generating profits from its asset base over the years. Overall, the increasing trend in operating ROA is a positive sign of the company's operational performance and efficiency.