Aramark Holdings (ARMK)
Return on equity (ROE)
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 stockholders’ equity | US$ in thousands | 3,038,970 | 2,943,920 | 2,891,140 | 2,846,630 | 3,712,720 | 3,551,270 | 3,183,270 | 3,143,260 | 3,029,640 | 2,915,260 | 2,904,200 | 2,784,460 | 2,722,870 | 2,686,220 | 2,623,540 | 2,677,140 | 2,735,990 | 2,895,340 | 3,169,440 | 3,451,580 |
ROE | 8.64% | 11.74% | 21.65% | 22.08% | 18.16% | 15.33% | 7.74% | 7.19% | 6.42% | 5.29% | 5.04% | 1.19% | -3.34% | -10.23% | -21.49% | -25.72% | -16.87% | -7.85% | 3.53% | 9.96% |
September 30, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $262,522K ÷ $3,038,970K
= 8.64%
The return on equity (ROE) of Aramark Holdings has shown fluctuations over the past few quarters, ranging from negative figures to double-digit percentages.
Historically, the company's ROE has been volatile, with significant swings in profitability. In the most recent quarter, the ROE was 8.64%, indicating that for every dollar of equity invested by shareholders, the company generated a return of 8.64 cents.
While the ROE improved from negative values in 2021 to positive values in 2022 and 2023, it has remained relatively lower than the high levels seen in early 2024 and late 2023. This suggests that Aramark Holdings may have had stronger profitability and efficiency metrics during those periods.
Overall, the analysis of Aramark Holdings' ROE indicates that the company's profitability and efficiency in generating returns for shareholders have varied significantly over the past several quarters, demonstrating the importance of consistent monitoring and evaluation of financial performance.
Peer comparison
Sep 30, 2024