Darling Ingredients Inc (DAR)
Return on assets (ROA)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 312,600 | 110,639 | 78,881 | 22,203 |
| Total assets | US$ in thousands | 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 | 5,345,260 | 4,944,900 | 5,036,600 | 4,995,050 |
| ROA | 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% | 5.85% | 2.24% | 1.57% | 0.44% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $647,726K ÷ $11,061,100K
= 5.86%
Darling Ingredients Inc's return on assets (ROA) has exhibited fluctuations over the past years. The trend indicates a general decline from the high of 10.61% in Mar 2022 to the low of 0.44% in Mar 2019, with some intermittent periods of improvement. Overall, ROA has varied between 0.44% and 10.61% over the past five years. These fluctuations suggest that the company's ability to generate profits from its assets has been inconsistent, potentially indicating shifts in operational efficiency and profitability. It is important for stakeholders to closely monitor the factors influencing ROA to assess the company's performance and financial health accurately.
Peer comparison
Dec 31, 2023