Aramark Holdings (ARMK)

Return on assets (ROA)

		Sep 30, 2024	Jun 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	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019
Net income (ttm)	US$ in thousands	262,522	345,543	625,901	628,493	674,108	544,472	246,317	226,024	194,484	154,117	146,345	33,021	-90,833	-274,852	-563,849	-688,533	-461,529	-227,382	112,013	343,626
Total assets	US$ in thousands	12,674,400	12,548,700	12,560,900	12,419,400	16,871,200	15,397,500	15,456,100	15,290,500	15,082,400	14,988,800	14,662,200	14,465,500	14,376,200	14,050,100	14,487,700	14,506,200	15,712,700	15,622,100	14,847,500	14,273,100
ROA		2.07%	2.75%	4.98%	5.06%	4.00%	3.54%	1.59%	1.48%	1.29%	1.03%	1.00%	0.23%	-0.63%	-1.96%	-3.89%	-4.75%	-2.94%	-1.46%	0.75%	2.41%

September 30, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $262,522K ÷ $12,674,400K
= 2.07%

The return on assets (ROA) for Aramark Holdings has shown a positive trend over the past several quarters. The ROA has steadily increased from negative values in the last quarter of 2021 to reach a peak of 5.06% in the first quarter of 2024. This indicates that the company has been generating more profit relative to its assets during this period.

The ROA dropped slightly in the most recent quarter to 2.07%, but this still represents a healthy return on the company's assets. Overall, the upward trajectory of the ROA reflects improved efficiency in utilizing assets to generate profits for Aramark Holdings. It shows that the company has been managing its resources effectively to generate earnings.

It is important to monitor the trend of ROA over time to assess the company's profitability and efficiency in asset utilization. The positive trend in ROA for Aramark Holdings indicates a positive outlook for the company's financial performance in recent quarters.