Floor & Decor Holdings Inc (FND)
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 | 205,872 | 195,469 | 209,702 | 224,488 | 245,980 | 278,136 | 288,388 | 298,768 | 298,195 | 278,831 | 277,301 | 278,385 | 283,230 | 290,497 | 284,626 | 233,714 | 194,981 | 173,182 | 145,382 | 156,974 |
| Total assets | US$ in thousands | 5,050,480 | 4,932,230 | 4,818,060 | 4,658,660 | 4,662,550 | 4,638,080 | 4,475,470 | 4,335,190 | 4,351,240 | 4,244,670 | 4,199,380 | 3,893,390 | 3,730,700 | 3,628,110 | 3,364,300 | 2,964,720 | 2,880,420 | 2,714,400 | 2,528,730 | 2,633,880 |
| ROA | 4.08% | 3.96% | 4.35% | 4.82% | 5.28% | 6.00% | 6.44% | 6.89% | 6.85% | 6.57% | 6.60% | 7.15% | 7.59% | 8.01% | 8.46% | 7.88% | 6.77% | 6.38% | 5.75% | 5.96% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $205,872K ÷ $5,050,480K
= 4.08%
Floor & Decor Holdings Inc's return on assets (ROA) indicates the company's efficiency in generating profit from its total assets. The ROA trend over the past few years shows some fluctuations:
- The ROA increased steadily from 5.96% as of March 31, 2020, to peak at 8.46% as of June 30, 2021, indicating improved profitability relative to the company's asset base.
- Subsequently, the ROA experienced a slight decline, with fluctuations between 6.00% and 8.01% through September 30, 2021.
- However, the ROA started to decrease from December 31, 2021, reaching its lowest point of 3.96% as of September 30, 2024. This downward trend may suggest a decrease in profitability relative to the assets employed.
- The ROA slightly rebounded to 4.08% as of December 31, 2024.
Overall, the downward trend in the ROA after June 30, 2021, followed by a slight recovery, may indicate challenges in efficiently utilizing assets to generate profits during the later periods. Further analysis combining ROA with other financial metrics will provide a comprehensive understanding of Floor & Decor Holdings Inc's overall financial performance and operational efficiency.
Peer comparison
Dec 31, 2024