Fresh Del Monte Produce Inc (FDP)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 196,300 | 58,500 | 156,300 | 111,000 | 76,500 |
| Total assets | US$ in thousands | 3,096,200 | 3,184,100 | 3,458,900 | 3,398,100 | 3,263,300 |
| Operating ROA | 6.34% | 1.84% | 4.52% | 3.27% | 2.34% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $196,300K ÷ $3,096,200K
= 6.34%
Fresh Del Monte Produce Inc's operating return on assets (ROA) has shown fluctuating trends over the past five years.
In December 2020, the operating ROA was 2.34%, indicating that for every dollar of assets, the company generated 2.34 cents in operating profits. This figure increased to 3.27% by December 2021, suggesting improved operational efficiency and profitability.
By December 2022, the operating ROA further increased to 4.52%, reflecting the company's ability to effectively utilize its assets to generate operating income. However, in December 2023, there was a decline in the operating ROA to 1.84%, signaling a potential decrease in operational performance.
Nevertheless, by December 2024, Fresh Del Monte Produce Inc rebounded strongly with an operating ROA of 6.34%. This significant improvement suggests enhanced profitability and efficiency in managing its assets to generate operating income.
In conclusion, while the operating ROA of Fresh Del Monte Produce Inc has displayed variability, the overall trend indicates positive performance in terms of generating operating profit relative to its asset base.
Peer comparison
Dec 31, 2024