Jack In The Box Inc (JACK)

Operating return on assets (Operating ROA)

		Sep 30, 2024	Jul 7, 2024	Apr 14, 2024	Jan 21, 2024	Sep 30, 2023	Jul 9, 2023	Apr 16, 2023	Jan 22, 2023	Sep 30, 2022	Jul 10, 2022	Apr 17, 2022	Jan 23, 2022	Sep 30, 2021	Jun 30, 2021	Apr 11, 2021	Jan 17, 2021	Sep 30, 2020	Jul 5, 2020	Apr 12, 2020	Jan 19, 2020
Operating income (ttm)	US$ in thousands	82,536	84,075	249,853	257,302	278,753	310,531	298,856	275,461	248,270	232,602	248,116	274,760	289,946	287,197	281,606	249,560	230,584	213,097	199,568	213,849
Total assets	US$ in thousands	2,735,630	2,745,220	2,898,980	2,887,260	3,001,090	2,951,780	2,903,380	2,907,020	2,922,510	2,863,770	2,823,750	1,758,600	1,750,140	1,787,470	1,790,780	1,913,570	1,906,490	1,886,700	1,861,250	1,690,310
Operating ROA		3.02%	3.06%	8.62%	8.91%	9.29%	10.52%	10.29%	9.48%	8.50%	8.12%	8.79%	15.62%	16.57%	16.07%	15.73%	13.04%	12.09%	11.29%	10.72%	12.65%

September 30, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $82,536K ÷ $2,735,630K
= 3.02%

The operating return on assets (operating ROA) of Jack In The Box Inc has shown some fluctuations over the past several quarters.

The operating ROA ranged from a low of 3.02% in September 2024 to a high of 16.57% in June 2021. The most recent data points indicate a decreasing trend in operating ROA from the peak observed in June 2021.

While the operating ROA has been above 10% for most of the quarters, the recent decreases raise some concerns about the company's operational efficiency and asset utilization.

For a more comprehensive analysis, it would be beneficial to compare Jack In The Box Inc's operating ROA with industry benchmarks and peer companies to assess its relative performance. Additionally, a deeper dive into the company's financial statements and operational strategies could provide insights into the factors driving the fluctuations in operating ROA.