Fresh Del Monte Produce Inc (FDP)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 196,500 | 52,800 | 24,300 | 28,200 | 58,600 | 203,200 | 228,800 | 191,000 | 156,300 | 115,900 | 66,200 | 91,200 | 111,100 | 119,400 | 144,700 | 118,500 | 76,600 | 66,000 | 66,500 | 90,600 |
| Total assets | US$ in thousands | 3,096,200 | 3,156,900 | 3,109,100 | 3,200,000 | 3,184,100 | 3,348,600 | 3,372,500 | 3,443,100 | 3,458,900 | 3,395,500 | 3,395,700 | 3,501,800 | 3,398,100 | 3,387,700 | 3,375,000 | 3,423,400 | 3,263,300 | 3,281,400 | 3,294,200 | 3,396,300 |
| Operating ROA | 6.35% | 1.67% | 0.78% | 0.88% | 1.84% | 6.07% | 6.78% | 5.55% | 4.52% | 3.41% | 1.95% | 2.60% | 3.27% | 3.52% | 4.29% | 3.46% | 2.35% | 2.01% | 2.02% | 2.67% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $196,500K ÷ $3,096,200K
= 6.35%
Fresh Del Monte Produce Inc's operating return on assets (operating ROA) has shown fluctuations over the periods analyzed.
The operating ROA started at a relatively low level of 2.67% as of March 31, 2020, and decreased slightly to 2.02% by June 30, 2020. It then remained relatively stable around the 2% mark until December 31, 2020, when it increased to 2.35%.
From March 31, 2021, the operating ROA started to exhibit a significant improvement, reaching 3.46%. This upward trend continued in the following quarters, with the operating ROA peaking at 6.78% on June 30, 2023.
However, there was a notable decline in operating ROA by the end of 2023, dropping to 1.84% as of December 31, 2023. This downward trend persisted into the first half of 2024, with the operating ROA at its lowest point of 0.78% as of June 30, 2024.
Nevertheless, the company demonstrated a remarkable recovery by the end of 2024, achieving a significant increase in operating ROA to 6.35% on December 31, 2024.
Overall, the operating return on assets of Fresh Del Monte Produce Inc has experienced both ups and downs throughout the analyzed periods, reflecting the company's operational efficiency and profitability.
Peer comparison
Dec 31, 2024