The Cheesecake Factory (CAKE)

Operating return on assets (Operating ROA)

Jan 31, 2025 Dec 31, 2024 Jan 31, 2024 Dec 31, 2023 Jan 31, 2023
Operating income US$ in thousands 178,317 178,317 108,566 108,566 83,690
Total assets US$ in thousands 3,041,760 3,041,760 2,840,380 2,840,380 2,775,220
Operating ROA 5.86% 5.86% 3.82% 3.82% 3.02%

January 31, 2025 calculation

Operating ROA = Operating income ÷ Total assets
= $178,317K ÷ $3,041,760K
= 5.86%

The Cheesecake Factory's operating return on assets (operating ROA) has shown a positive trend over the past few years. Starting at 3.02% in January 2023, it increased to 3.82% by December 2023, remaining stable in January 2024. Notably, there was a significant improvement in ROA to 5.86% by December 2024, and this level was maintained into January 2025. This consistent growth in operating ROA indicates that the company has been effectively utilizing its assets to generate operating income, reflecting operational efficiency and profitability.