The Cheesecake Factory (CAKE)
Return on assets (ROA)
Jan 31, 2025 | Dec 31, 2024 | Oct 31, 2024 | Sep 30, 2024 | Jul 31, 2024 | Jun 30, 2024 | Apr 30, 2024 | Mar 31, 2024 | Jan 31, 2024 | Dec 31, 2023 | Oct 31, 2023 | Sep 30, 2023 | Jul 31, 2023 | Jun 30, 2023 | Apr 30, 2023 | Mar 31, 2023 | Jan 31, 2023 | Dec 31, 2022 | Oct 31, 2022 | Sep 30, 2022 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 142,296 | 153,586 | 164,876 | 168,073 | 171,270 | 131,507 | 91,744 | 76,498 | 61,252 | 91,246 | 121,240 | 131,345 | 141,450 | 95,477 | 49,504 | 19,056 | -11,392 | 17,562 | 46,516 | 72,077 |
Total assets | US$ in thousands | 3,041,760 | 3,041,760 | 2,935,790 | 2,935,790 | 2,879,590 | 2,879,590 | 2,837,640 | 2,837,640 | 2,840,380 | 2,840,380 | 2,769,710 | 2,776,890 | 2,769,710 | 2,769,710 | 2,742,490 | 2,742,490 | 2,775,220 | 2,775,220 | 2,734,070 | 2,734,070 |
ROA | 4.68% | 5.05% | 5.62% | 5.72% | 5.95% | 4.57% | 3.23% | 2.70% | 2.16% | 3.21% | 4.38% | 4.73% | 5.11% | 3.45% | 1.81% | 0.69% | -0.41% | 0.63% | 1.70% | 2.64% |
January 31, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $142,296K ÷ $3,041,760K
= 4.68%
The return on assets (ROA) is a key financial ratio that measures a company's ability to generate profit from its assets. The Cheesecake Factory's ROA has shown fluctuations over the period from September 30, 2022, to January 31, 2025.
The ROA started at 2.64% in September 30, 2022, then gradually declined to reach a low of -0.41% in January 31, 2023, indicating a period of lower profitability relative to its assets. However, the company's performance improved in the following quarters, with ROA increasing to 5.11% by July 31, 2023.
From September 30, 2023, to December 31, 2024, The Cheesecake Factory maintained a relatively stable and positive ROA ranging from 3.21% to 5.95%. This suggests that the company was able to efficiently utilize its assets to generate profits during this period.
Overall, The Cheesecake Factory's ROA has shown variability but generally demonstrated an upward trend from 2023 to 2024, indicating improved profitability relative to its assets. It is essential for investors and stakeholders to continue monitoring this ratio to assess the company's operational efficiency and financial performance.
Peer comparison
Jan 31, 2025