Bloomin Brands Inc (BLMN)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 142,235 | 199,710 | 240,716 | 284,031 | 325,144 | 352,432 | 345,525 | 343,798 | 330,421 | 324,770 | 288,298 | 325,216 | 308,958 | 223,234 | 194,142 | -42,407 | -174,973 | -124,557 | -88,344 | 67,028 |
| 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 |
| Operating ROA | 4.20% | 5.82% | 7.09% | 8.37% | 9.50% | 10.52% | 10.56% | 10.64% | 9.95% | 10.09% | 8.93% | 10.15% | 9.38% | 6.94% | 5.98% | -1.29% | -5.20% | -3.70% | -2.57% | 1.78% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $142,235K ÷ $3,384,800K
= 4.20%
Operating return on assets (Operating ROA) is a key financial ratio that measures a company's ability to generate profits from its operational activities relative to its total assets.
Analyzing the trend of Bloomin Brands Inc's Operating ROA from March 31, 2020, to December 31, 2024, reveals fluctuations in the company's operational efficiency and asset utilization.
The Operating ROA started at a relatively low level of 1.78% on March 31, 2020, but then declined sharply in the following quarters, hitting negative figures by June 30, 2020, and continuing to be negative until the end of December 31, 2020. This indicates that the company was not effectively using its assets to generate operating profits during this period.
However, a positive turnaround was seen in the subsequent quarters from March 31, 2021, onwards, with the Operating ROA improving steadily. The ratio increased significantly by September 30, 2021, and continued to rise, reaching its peak at 10.64% on March 31, 2023. This upward trend indicates that Bloomin Brands Inc enhanced its operational efficiency and generated higher operating profits relative to its assets during this period.
Despite the peak, the Operating ROA started to decline slightly in the following quarters, showing some fluctuations but generally maintaining a positive range above 5%. The ratio stood at 4.20% on December 31, 2024, suggesting a slight decrease in the company's ability to generate operating profits from its assets compared to the peak level observed earlier.
Overall, the analysis of Bloomin Brands Inc's Operating ROA indicates a mix of challenges and improvements in the company's operational performance and asset utilization over the analyzed period. Further monitoring of this ratio will be important to assess the company's ongoing operational effectiveness and profitability.
Peer comparison
Dec 31, 2024