Flowers Foods Inc (FLO)
Operating return on assets (Operating ROA)
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Oct 7, 2023 | Sep 30, 2023 | Jul 15, 2023 | Jun 30, 2023 | Apr 22, 2023 | Mar 31, 2023 | Dec 31, 2022 | Oct 8, 2022 | Sep 30, 2022 | Jun 30, 2022 | Apr 23, 2022 | Mar 31, 2022 | Dec 31, 2021 | Oct 9, 2021 | Sep 30, 2021 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating income (ttm) | US$ in thousands | 348,292 | 343,326 | 193,798 | 39,237 | 26,243 | 58,410 | 211,527 | 364,644 | 340,184 | 307,081 | 268,764 | 246,691 | 294,572 | 362,288 | 360,608 | 341,030 | 281,172 | 231,926 | 252,076 | 315,070 |
Total assets | US$ in thousands | 3,400,450 | 3,429,960 | 3,428,060 | 3,429,170 | 3,426,950 | 3,434,640 | 3,434,640 | 3,505,840 | 3,505,840 | 3,481,870 | 3,481,870 | 3,312,990 | 3,343,310 | 3,343,310 | 3,340,720 | 3,332,340 | 3,332,340 | 3,253,310 | 3,323,400 | 3,323,400 |
Operating ROA | 10.24% | 10.01% | 5.65% | 1.14% | 0.77% | 1.70% | 6.16% | 10.40% | 9.70% | 8.82% | 7.72% | 7.45% | 8.81% | 10.84% | 10.79% | 10.23% | 8.44% | 7.13% | 7.58% | 9.48% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $348,292K ÷ $3,400,450K
= 10.24%
Operating Return on Assets (Operating ROA) is a key financial ratio used to measure a company's efficiency in generating profits from its assets utilized in its operations. Flowers Foods Inc has displayed fluctuations in its Operating ROA over the reporting periods provided.
The Operating ROA for Flowers Foods Inc started at 9.48% on September 30, 2021, and gradually declined to 7.13% by December 31, 2021. Following this, there was a slight increase to 8.44% on March 31, 2022. The company experienced significant improvements in performance, with the Operating ROA reaching a peak of 10.84% on September 30, 2022.
However, there were subsequent declines in the Operating ROA for Flowers Foods Inc, dropping to as low as 0.77% by December 31, 2023. The ratio recovered in the following periods, notably achieving 10.24% by December 31, 2024.
Overall, Flowers Foods Inc's Operating ROA demonstrates variability over time, indicating changes in the company's profitability relative to its asset base. It is important for investors and stakeholders to monitor these trends to gain insights into the company's operational efficiency and financial performance.
Peer comparison
Dec 31, 2024