Bloomin Brands Inc (BLMN)
Total asset turnover
| Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 4,324,990 | 4,547,170 | 4,588,230 | 4,622,050 | 4,671,470 | 4,572,320 | 4,548,250 | 4,520,720 | 4,416,510 | 4,368,540 | 4,323,240 | 4,275,450 | 4,122,383 | 3,887,808 | 3,648,608 | 3,149,697 | 3,170,564 | 3,380,239 | 3,576,123 | 4,019,594 |
| Total assets | US$ in thousands | 3,384,800 | 3,433,610 | 3,394,170 | 3,394,240 | 3,424,080 | 3,350,910 | 3,273,130 | 3,231,790 | 3,320,420 | 3,219,200 | 3,230,000 | 3,203,360 | 3,294,270 | 3,218,600 | 3,246,750 | 3,285,320 | 3,362,110 | 3,367,600 | 3,433,580 | 3,766,600 |
| Total asset turnover | 1.28 | 1.32 | 1.35 | 1.36 | 1.36 | 1.36 | 1.39 | 1.40 | 1.33 | 1.36 | 1.34 | 1.33 | 1.25 | 1.21 | 1.12 | 0.96 | 0.94 | 1.00 | 1.04 | 1.07 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $4,324,990K ÷ $3,384,800K
= 1.28
Bloomin Brands Inc's total asset turnover has fluctuated over the past few years. The metric measures the effectiveness of the company in generating revenue from its assets.
From March 31, 2020, to March 31, 2021, the total asset turnover declined from 1.07 to 0.96, indicating a decrease in the company's efficiency in utilizing its assets to generate sales. This trend continued until September 30, 2021, when the turnover ratio started to increase.
By December 31, 2021, the total asset turnover improved to 1.25, reaching its peak by March 31, 2024, at 1.40. This suggests that Bloomin Brands Inc was able to generate more revenue relative to its assets during this period.
However, following the peak in March 2024, the total asset turnover ratio started to decline slightly, reaching 1.28 by the end of December 31, 2024. This could indicate a potential slowdown in the company's efficiency in generating sales from its assets.
Overall, the trend in Bloomin Brands Inc's total asset turnover reflects fluctuations in the company's ability to efficiently utilize its assets to generate revenue, with periods of improvement and slight decline.
Peer comparison
Dec 31, 2024