The Cheesecake Factory (CAKE)
Return on assets (ROA)
| Jan 31, 2025 | Dec 31, 2024 | Jan 31, 2024 | Dec 31, 2023 | Jan 31, 2023 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 156,783 | 156,783 | 101,351 | 101,351 | 43,123 |
| Total assets | US$ in thousands | 3,041,760 | 3,041,760 | 2,840,380 | 2,840,380 | 2,775,220 |
| ROA | 5.15% | 5.15% | 3.57% | 3.57% | 1.55% |
January 31, 2025 calculation
ROA = Net income ÷ Total assets
= $156,783K ÷ $3,041,760K
= 5.15%
The return on assets (ROA) for The Cheesecake Factory has shown a positive trend over the past few years. Starting at 1.55% as of January 31, 2023, the ROA increased to 3.57% by December 31, 2023, and remained at the same level as of January 31, 2024.
Subsequently, there was a notable improvement in the ROA, reaching 5.15% by December 31, 2024, which was maintained at the same level as of January 31, 2025. This indicates that the company has been able to generate a higher level of profit relative to its assets in recent periods.
Overall, the increasing trend in ROA suggests that The Cheesecake Factory has been efficiently utilizing its assets to generate earnings, which can be a positive indicator of the company's operational performance and financial health.
Peer comparison
Jan 31, 2025