Darling Ingredients Inc (DAR)
Operating return on assets (Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 468,217 | 504,606 | 622,868 | 831,050 | 949,726 | 1,040,124 | 1,130,086 | 1,052,014 | 1,029,068 | 990,880 | 928,212 | 917,858 | 884,470 | 747,796 | 669,588 | 507,618 | 430,936 | 649,859 | 582,263 | 550,099 |
| Total assets | US$ in thousands | 10,070,500 | 10,572,700 | 10,620,600 | 10,942,800 | 11,061,100 | 10,810,300 | 10,973,200 | 10,861,100 | 9,202,370 | 8,808,750 | 8,026,690 | 6,615,620 | 6,133,730 | 5,925,720 | 5,833,320 | 5,591,450 | 5,613,330 | 5,380,990 | 5,327,150 | 5,377,780 |
| Operating ROA | 4.65% | 4.77% | 5.86% | 7.59% | 8.59% | 9.62% | 10.30% | 9.69% | 11.18% | 11.25% | 11.56% | 13.87% | 14.42% | 12.62% | 11.48% | 9.08% | 7.68% | 12.08% | 10.93% | 10.23% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $468,217K ÷ $10,070,500K
= 4.65%
Operating Return on Assets (Operating ROA) is a financial ratio that indicates how efficiently a company is generating profits from its assets used in its core operations. Darling Ingredients Inc's Operating ROA has shown fluctuations over the periods analyzed.
From March 31, 2020, to September 30, 2021, Darling Ingredients Inc saw a consistent increase in its Operating ROA, reaching a peak of 14.42% by December 31, 2021. This upward trend indicates the company was effectively utilizing its assets to generate operating income during this period.
However, from March 31, 2022, to December 31, 2024, Darling Ingredients Inc experienced a decline in its Operating ROA. The ratio decreased from 13.87% in March 31, 2022, to 4.65% by December 31, 2024. This decline suggests a potential decrease in the company's efficiency in generating operating income compared to its asset base during this later period.
Overall, the analysis of Darling Ingredients Inc's Operating ROA indicates a period of strong performance followed by a subsequent decline in operational efficiency. The company may need to focus on improving its asset utilization to enhance profitability in the future.
Peer comparison
Dec 31, 2024