Bloomin Brands Inc (BLMN)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 139,808 | 325,144 | 330,421 | 308,958 | -98,488 |
| Total assets | US$ in thousands | 3,384,800 | 3,424,080 | 3,320,420 | 3,294,270 | 3,362,110 |
| Operating ROA | 4.13% | 9.50% | 9.95% | 9.38% | -2.93% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $139,808K ÷ $3,384,800K
= 4.13%
Operating return on assets (Operating ROA) is a key financial metric that measures the efficiency of a company in generating profits from its assets used in operations.
Bloomin Brands Inc's Operating ROA has exhibited variability over the years as per the provided data. In December 2020, the company reported a negative Operating ROA of -2.93%, indicating that the company was experiencing challenges in generating operating income relative to its asset base.
However, there was a significant turnaround in the following years. By December 2021, Bloomin Brands Inc improved its Operating ROA to 9.38%, which further increased to 9.95% by the end of 2022. This indicates that the company became more efficient in utilizing its assets to generate operating profits during these periods.
In December 2023, the Operating ROA slightly decreased to 9.50%, suggesting that the company's operating profitability remained relatively stable. By December 2024, there was a notable decline in the Operating ROA to 4.13%, which may indicate a dip in the company's ability to generate operating income from its assets.
Overall, the trend in Bloomin Brands Inc's Operating ROA showcases a notable improvement from negative levels to positive figures, indicating enhanced operational efficiency and profitability. However, the decrease in Operating ROA by the end of 2024 warrants further investigation to understand the factors influencing this decline.
Peer comparison
Dec 31, 2024