Bloomin Brands Inc (BLMN)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -128,018 | -5,287 | 32,329 | 72,203 | 247,386 | 262,161 | 249,619 | 119,662 | 103,862 | 106,516 | 77,979 | 222,204 | 215,555 | 140,645 | 119,559 | -55,242 | -158,715 | -116,500 | -89,615 | 31,662 |
| 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 |
| ROA | -3.78% | -0.15% | 0.95% | 2.13% | 7.22% | 7.82% | 7.63% | 3.70% | 3.13% | 3.31% | 2.41% | 6.94% | 6.54% | 4.37% | 3.68% | -1.68% | -4.72% | -3.46% | -2.61% | 0.84% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $-128,018K ÷ $3,384,800K
= -3.78%
Bloomin Brands Inc's return on assets (ROA) has exhibited fluctuations over the provided periods. The ROA ranged from negative percentages to positive percentages, indicating varying levels of asset efficiency and profitability. From March 31, 2020, to June 30, 2021, the ROA was predominantly negative, suggesting challenges in generating earnings from its assets during this period.
However, there was a turning point in September 2021, as the ROA started to show improvement and moved into positive territory. This positive trend continued until March 31, 2024, with fluctuations but generally increasing ROA figures. Notably, the highest ROA was recorded on June 30, 2023, at 7.63%, indicating a strong performance in asset utilization and profitability at that time.
Subsequently, there was a decline in the ROA from March 31, 2024, to December 31, 2024, returning to negative percentages. This negative trend could indicate challenges in efficiently utilizing assets to generate profits during that period. Overall, the analysis suggests that Bloomin Brands Inc has witnessed fluctuations in its ROA over the analyzed time frame, with a mix of positive and negative ROA figures impacting its asset performance and profitability.
Peer comparison
Dec 31, 2024