Floor & Decor Holdings Inc (FND)
Return on assets (ROA)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 150,631 | 133,192 | 118,786 | 115,036 |
| Total assets | US$ in thousands | 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 | 2,324,310 | 2,156,870 | 2,011,120 | 1,873,350 |
| ROA | 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% | 6.48% | 6.18% | 5.91% | 6.14% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $245,980K ÷ $4,662,550K
= 5.28%
Floor & Decor Holdings Inc has experienced fluctuations in its return on assets (ROA) over the past few quarters. The ROA ranged from a low of 5.28% in December 2023 to a high of 8.46% in June 2021, displaying variability in the company's ability to generate profits from its assets. Overall, the trend shows a general decline in ROA from 2021 to 2023, with some fluctuations within this period.
The company's ROA in recent quarters has been below the levels seen in 2021, indicating potential challenges in efficiently utilizing its assets to generate earnings. Investors and stakeholders may want to further investigate the reasons behind the decline in ROA and assess the company's operational efficiency and asset management strategies.
Peer comparison
Dec 31, 2023