Darling Ingredients Inc (DAR)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 278,880 | 261,488 | 369,565 | 543,082 | 647,726 | 719,770 | 785,825 | 735,438 | 737,690 | 736,884 | 692,615 | 687,201 | 650,914 | 539,905 | 494,218 | 363,075 | 296,819 | 494,683 | 419,279 | 380,098 |
| 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 |
| ROA | 2.77% | 2.47% | 3.48% | 4.96% | 5.86% | 6.66% | 7.16% | 6.77% | 8.02% | 8.37% | 8.63% | 10.39% | 10.61% | 9.11% | 8.47% | 6.49% | 5.29% | 9.19% | 7.87% | 7.07% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $278,880K ÷ $10,070,500K
= 2.77%
Darling Ingredients Inc's return on assets (ROA) has experienced fluctuations over the period from March 31, 2020, to December 31, 2024. The ROA started at 7.07% in March 2020 and showed signs of improvement, reaching its peak at 10.61% by December 31, 2021. However, the ROA started to decline thereafter, dropping to 4.96% by March 31, 2024, and further decreasing to 2.77% by December 31, 2024.
The fluctuations in ROA indicate changes in the company's efficiency in generating profits from its assets over time. The peak in ROA in December 2021 suggests a period of strong asset utilization and profitability, while the subsequent decline could be a result of various factors such as changes in the business environment, operational inefficiencies, or fluctuations in asset values.
Overall, Darling Ingredients Inc's ROA trend suggests the need for a closer examination of its asset management strategies and operational performance to identify and address any underlying issues affecting its profitability and efficiency in utilizing assets effectively.
Peer comparison
Dec 31, 2024