Brinker International Inc (EAT)
Return on assets (ROA)
Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 155,300 | 102,600 | 117,600 | 131,600 | 24,400 |
Total assets | US$ in thousands | 2,593,100 | 2,487,000 | 2,484,400 | 2,274,900 | 2,356,000 |
ROA | 5.99% | 4.13% | 4.73% | 5.78% | 1.04% |
June 30, 2024 calculation
ROA = Net income ÷ Total assets
= $155,300K ÷ $2,593,100K
= 5.99%
Over the past five years, Brinker International Inc's return on assets (ROA) has demonstrated some fluctuations. The company's ROA has shown an upward trend from 1.04% in June 2020 to 5.99% in June 2024. This indicates that the company has become more efficient in generating profits from its assets over the years.
However, it is important to note that there was a slight dip in ROA in June 2023 compared to the previous year, which could be a cause for concern. The company managed to recover from this setback and improve its ROA in the subsequent years.
Overall, Brinker International Inc's ROA performance suggests that the company has been effectively utilizing its assets to generate profits, with a notable improvement in profitability over the period under review.
Peer comparison
Jun 30, 2024