Aramark Holdings (ARMK)
Return on assets (ROA)
Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 262,522 | 674,108 | 194,484 | -90,833 | -461,529 |
Total assets | US$ in thousands | 12,674,400 | 16,871,200 | 15,082,400 | 14,376,200 | 15,712,700 |
ROA | 2.07% | 4.00% | 1.29% | -0.63% | -2.94% |
September 30, 2024 calculation
ROA = Net income ÷ Total assets
= $262,522K ÷ $12,674,400K
= 2.07%
The return on assets (ROA) for Aramark Holdings has fluctuated over the past five years. In 2024, the ROA was 2.07%, showing a decrease from the previous year's 4.00%. Despite this decline, the ROA in 2024 remains positive, indicating that the company generated a profit relative to its total assets.
Comparing the ROA of 2.07% in 2024 to earlier years, we observe an improvement from the negative ROA levels in 2020 and 2021. This suggests that Aramark Holdings has been able to better utilize its assets to generate profits in recent years. However, the ROA in 2024 is lower than the peak ROA of 4.00% in 2023, indicating a potential decrease in efficiency in generating profits from assets.
Overall, the trend in Aramark Holdings' ROA reflects a mix of positive and negative performance over the years, highlighting the importance of closely monitoring the company's asset management strategies to ensure sustainable profitability.
Peer comparison
Sep 30, 2024