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.