National Beverage Corp (FIZZ)
Return on assets (ROA)
| Apr 30, 2025 | Apr 30, 2024 | Apr 27, 2024 | Apr 30, 2023 | Apr 29, 2023 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 186,821 | 176,732 | 176,732 | 142,164 | 142,164 |
| Total assets | US$ in thousands | 672,860 | 770,153 | 770,153 | 574,342 | 574,342 |
| ROA | 27.77% | 22.95% | 22.95% | 24.75% | 24.75% |
April 30, 2025 calculation
ROA = Net income ÷ Total assets
= $186,821K ÷ $672,860K
= 27.77%
The return on assets (ROA) for National Beverage Corp demonstrates variations over the specified periods, reflecting changes in the company's efficiency in generating profit relative to its total assets. As of April 29 and April 30, 2023, the ROA remained steady at 24.75%, indicating consistent asset utilization and profitability during this timeframe. Moving forward to April 27 and April 30, 2024, the ROA declined to 22.95%, suggesting a relative decrease in profitability per dollar of assets, which could be attributable to increased asset base, decreased earnings, or a combination of both. Conversely, as of April 30, 2025, the ROA experienced a significant increase to 27.77%, surpassing prior levels and indicating an improvement in the company's efficiency and profitability, potentially driven by higher earnings, better asset management, or both. Overall, the trend reflects a dip followed by a notable rebound in asset profitability over the observed periods.
Peer comparison
Apr 30, 2025