Darden Restaurants Inc (DRI)

Operating return on assets (Operating ROA)

		May 26, 2024	May 28, 2023	May 29, 2022	May 30, 2021	May 31, 2020
Operating income	US$ in thousands	1,314,200	1,201,800	1,162,200	648,700	47,900
Total assets	US$ in thousands	11,323,000	10,241,500	10,135,800	10,656,100	9,946,100
Operating ROA		11.61%	11.73%	11.47%	6.09%	0.48%

May 26, 2024 calculation

Operating ROA = Operating income ÷ Total assets
= $1,314,200K ÷ $11,323,000K
= 11.61%

Darden Restaurants Inc's operating return on assets (operating ROA) has shown a positive trend over the past five years, increasing from 0.48% in May 2020 to 11.61% in May 2024. This indicates that the company has been able to generate more operating income relative to its total assets over this period.

The improvement in operating ROA reflects the company's effective management of its assets to generate operating income. The steady increase from 2020 to 2023 demonstrates a consistent focus on operational efficiency and profitability.

However, it is worth noting that there was a slight dip in operating ROA in 2021 before resuming its upward trajectory in the following years. This could be attributed to various factors such as changes in the economic environment, business strategy adjustments, or one-time events impacting the ratio.

Overall, the upward trend in Darden Restaurants Inc's operating ROA suggests that the company has been successful in utilizing its assets to generate operating profits efficiently, indicating positive performance in this aspect of its operations.