Fresh Del Monte Produce Inc (FDP)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 142,200 | 15,300 | -18,400 | -24,300 | -11,400 | 113,400 | 138,300 | 111,800 | 98,600 | 69,100 | 37,100 | 63,100 | 80,000 | 92,100 | 108,200 | 78,900 | 49,200 | 22,500 | 23,200 | 43,400 |
| 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 |
| ROA | 4.59% | 0.48% | -0.59% | -0.76% | -0.36% | 3.39% | 4.10% | 3.25% | 2.85% | 2.04% | 1.09% | 1.80% | 2.35% | 2.72% | 3.21% | 2.30% | 1.51% | 0.69% | 0.70% | 1.28% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $142,200K ÷ $3,096,200K
= 4.59%
Fresh Del Monte Produce Inc's return on assets (ROA) has shown fluctuations over the past few years. The ROA ranged from negative values in some quarters to positive values in others. Overall, the trend in ROA appears to be somewhat volatile, with significant variations from one period to another.
The ROA was relatively low in mid-2020, around 0.70% to 0.69%. However, there was a notable increase in ROA towards the end of 2020, reaching 1.51%. The ROA further improved in the following quarters of 2021 and 2022, peaking at 4.10% in June 2023.
Despite these positive trends, there were some setbacks in late 2023 and early 2024, with ROA declining to negative values (-0.36% to -0.76%). However, there was a significant recovery by the end of 2024, as the ROA surged to 4.59%.
The variability in Fresh Del Monte Produce's ROA indicates fluctuations in the company's ability to generate profits relative to its total assets. Analysts should closely monitor the company's performance and profitability in the upcoming periods to assess its financial health and operational efficiency.
Peer comparison
Dec 31, 2024