John B Sanfilippo & Son Inc (JBSS)
Operating return on assets (Operating ROA)
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 85,187 | 90,224 | 87,437 | 85,178 | 78,547 |
| Total assets | US$ in thousands | 515,575 | 425,287 | 447,262 | 398,455 | 407,457 |
| Operating ROA | 16.52% | 21.21% | 19.55% | 21.38% | 19.28% |
June 30, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $85,187K ÷ $515,575K
= 16.52%
John B Sanfilippo & Son Inc's operating return on assets (operating ROA) has shown some fluctuations over the past five years. The operating ROA decreased from 21.38% in June 2021 to 19.28% in June 2020, before rebounding to 19.55% in June 2022. The following year, there was a significant increase in operating ROA to 21.21% in June 2023, which was then followed by a slight decrease to 16.52% in June 2024.
Overall, the trend in operating ROA suggests some variability in the company's ability to generate operating income relative to its total assets. A higher operating ROA indicates better efficiency in utilizing assets to generate operating income. It is important for investors and analysts to closely monitor this ratio to assess the company's operational performance and sustainability in generating profits.
Peer comparison
Jun 30, 2024