Darden Restaurants Inc (DRI)
Operating return on assets (Operating ROA)
| May 31, 2024 | May 26, 2024 | May 31, 2023 | May 28, 2023 | May 31, 2022 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,314,200 | 1,314,200 | 1,201,800 | 1,201,800 | 1,162,200 |
| Total assets | US$ in thousands | 11,323,000 | 11,323,000 | 10,241,500 | 10,241,500 | 10,135,800 |
| Operating ROA | 11.61% | 11.61% | 11.73% | 11.73% | 11.47% |
May 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $1,314,200K ÷ $11,323,000K
= 11.61%
Based on the provided data, Darden Restaurants Inc's operating return on assets (operating ROA) has been relatively stable over the period observed. The operating ROA ranged from 11.47% to 11.73% during the years analyzed. This consistency indicates that Darden Restaurants Inc is effectively generating operating income relative to its total assets. A higher operating ROA suggests that the company is efficiently utilizing its assets to generate profits. It is essential for Darden Restaurants Inc to monitor this ratio over time to ensure that its operational efficiency and asset utilization remain strong.
Peer comparison
May 31, 2024