Jack In The Box Inc (JACK)

Return on assets (ROA)

		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	Sep 30, 2019	Jul 7, 2019	Apr 14, 2019
Net income (ttm)	US$ in thousands	116,255	130,826	154,787	148,476	129,765	115,781	108,857	126,028	154,166	165,755	164,670	157,197	132,726	89,764	73,976	54,610	68,236	94,437	88,645	120,763
Total assets	US$ in thousands	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	958,483	831,270	832,127
ROA		4.03%	4.36%	5.24%	5.11%	4.46%	3.96%	3.80%	4.46%	8.77%	9.47%	9.21%	8.78%	6.94%	4.71%	3.92%	2.93%	4.04%	9.85%	10.66%	14.51%

January 21, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $116,255K ÷ $2,887,260K
= 4.03%

The return on assets (ROA) for Jack In The Box, Inc. has shown variability over the past quarters. In Q3 2023, the ROA reached its peak at 5.24%, indicating that the company generated $5.24 in earnings for every $100 of assets it owned during that period. This was a significant improvement compared to the previous quarters, suggesting that the company was able to effectively utilize its assets to generate profits.

However, in the subsequent quarters, the ROA experienced a slight decline, hovering around the 4-5% range. This indicates that the company's profitability relative to its assets slightly decreased. Despite the minor fluctuations, Jack In The Box, Inc. maintained a relatively stable and favorable ROA performance throughout the analyzed period, reflecting efficient asset management and profitability levels within the organization.