Dine Brands Global Inc (DIN)
Return on assets (ROA)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 97,176 | 81,111 | 97,864 | -103,994 | 104,346 |
| Total assets | US$ in thousands | 1,740,290 | 1,881,490 | 1,999,370 | 2,074,900 | 2,049,500 |
| ROA | 5.58% | 4.31% | 4.89% | -5.01% | 5.09% |
December 31, 2023 calculation
ROA = Net income ÷ Total assets
= $97,176K ÷ $1,740,290K
= 5.58%
Dine Brands Global Inc's return on assets (ROA) has exhibited fluctuations over the past five years. In 2023, the company's ROA stood at 5.45%, showing an improvement compared to the prior year's 4.20%. This increase indicates that Dine Brands Global Inc generated $0.0545 in profit for every dollar of assets in 2023.
The ROA was relatively stable in 2021 at 4.78%, but experienced a significant decline to -5.03% in 2020. This negative ROA suggests that the company incurred losses greater than the value of its assets for that year. However, Dine Brands Global Inc managed to rebound strongly in 2019 with an ROA of 4.92%.
Overall, the company's ROA trend indicates variability in its asset efficiency and profitability performance over the years. Investors and stakeholders may want to monitor future ROA figures to assess Dine Brands Global Inc's ability to generate earnings from its asset base effectively.
Peer comparison
Dec 31, 2023