Darling Ingredients Inc (DAR)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 278,880 | 647,726 | 737,690 | 650,914 | 296,819 |
| Total assets | US$ in thousands | 10,070,500 | 11,061,100 | 9,202,370 | 6,133,730 | 5,613,330 |
| ROA | 2.77% | 5.86% | 8.02% | 10.61% | 5.29% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $278,880K ÷ $10,070,500K
= 2.77%
Darling Ingredients Inc's return on assets (ROA) has shown variability over the years based on the provided data. In December 31, 2020, the ROA was 5.29%, indicating the company generated 5.29 cents of profit for every dollar of assets. Subsequently, there was a significant improvement in performance, with ROA rising to 10.61% by December 31, 2021, demonstrating a strong increase in profitability. However, in the following year, the ROA decreased to 8.02% by December 31, 2022, suggesting a slight decline in asset efficiency.
In December 31, 2023, the ROA further decreased to 5.86%, potentially indicating challenges in generating profits relative to the size of its asset base. The trend continued as of December 31, 2024, with ROA declining to 2.77%, signaling a notable reduction in profitability compared to the prior year. Overall, Darling Ingredients Inc's ROA performance has been somewhat volatile, with fluctuations reflecting changes in the company's ability to effectively utilize its assets to generate profits.
Peer comparison
Dec 31, 2024