Flowers Foods Inc (FLO)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 248,116 | 240,670 | 128,956 | 15,259 | 5,976 | 34,060 | 151,500 | 268,940 | 253,777 | 230,545 | 200,363 | 183,333 | 220,325 | 265,386 | 264,180 | 249,352 | 202,615 | 173,384 | 190,420 | 223,223 |
| 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 |
| ROA | 7.30% | 7.02% | 3.76% | 0.44% | 0.17% | 0.99% | 4.41% | 7.67% | 7.24% | 6.62% | 5.75% | 5.53% | 6.59% | 7.94% | 7.91% | 7.48% | 6.08% | 5.33% | 5.73% | 6.72% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $248,116K ÷ $3,400,450K
= 7.30%
Flowers Foods Inc's return on assets (ROA) has exhibited fluctuating trends over the reported periods. The ROA ranged from a low of 0.17% on December 31, 2023, to a peak of 7.94% on September 30, 2022. Overall, the ROA has shown variations, with some quarters demonstrating stronger performance compared to others.
The company experienced a substantial improvement in ROA from September 30, 2023 (4.41%) to December 31, 2023 (0.17%), indicating a significant decrease in efficiency in utilizing its assets during that period. However, the ROA recovered from the low point and reached 7.30% on December 31, 2024.
The upward trend in ROA from April 23, 2022 (7.48%) to September 30, 2022 (7.94%) suggests that Flowers Foods Inc effectively enhanced its asset utilization efficiency during that timeframe, maximizing its returns relative to its asset base.
The ROA decline from March 31, 2024 (0.44%) to June 30, 2024 (3.76%) indicates a period of decreased asset productivity. However, the subsequent increase to 7.02% on September 30, 2024, and further to 7.30% on December 31, 2024, reflects a positive turnaround in asset performance.
In conclusion, Flowers Foods Inc's ROA has demonstrated fluctuations over the analyzed periods, with varying levels of asset profitability. It is essential for stakeholders to monitor the company's asset efficiency closely to assess its overall financial health and performance.
Peer comparison
Dec 31, 2024