Bloomin Brands Inc (BLMN)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -128,018 | 247,386 | 101,907 | 215,555 | -158,795 |
| Total assets | US$ in thousands | 3,384,800 | 3,424,080 | 3,320,420 | 3,294,270 | 3,362,110 |
| ROA | -3.78% | 7.22% | 3.07% | 6.54% | -4.72% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $-128,018K ÷ $3,384,800K
= -3.78%
Based on the provided data for Bloomin Brands Inc, the return on assets (ROA) has fluctuated over the past five years.
- As of December 31, 2020, the ROA was -4.72%, indicating that the company generated a negative return on its assets, potentially signaling inefficiencies or financial challenges during that period.
- By December 31, 2021, the ROA improved significantly to 6.54%, showing a turnaround in the company's asset utilization and profitability.
- In the following years, the ROA continued to show variations, with a decrease to 3.07% by December 31, 2022, followed by an increase to 7.22% by December 31, 2023.
- However, by December 31, 2024, the company experienced a decline in ROA to -3.78%, indicating a negative return on assets and potential concerns regarding the company's asset management efficiency.
Overall, the fluctuating trend in Bloomin Brands Inc's ROA suggests varying levels of asset utilization and profitability performance over the years, which may require further analysis to understand the underlying factors driving these changes.
Peer comparison
Dec 31, 2024