John B Sanfilippo & Son Inc (JBSS)
Operating return on assets (Operating ROA)
| 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 23, 2021 | Sep 23, 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 85,187 | 92,058 | 95,524 | 92,387 | 90,224 | 93,109 | 88,715 | 82,513 | 87,437 | 80,436 | 84,109 | 93,643 | 85,178 | 83,388 | 81,688 | 78,358 | 78,547 | 79,349 | 75,360 | 67,534 |
| Total assets | US$ in thousands | 515,575 | 491,928 | 484,459 | 424,853 | 425,287 | 445,060 | 425,930 | 440,771 | 447,262 | 453,579 | 426,722 | 407,161 | 398,455 | 392,228 | 397,561 | 396,758 | 407,457 | 430,694 | 399,703 | 393,222 |
| Operating ROA | 16.52% | 18.71% | 19.72% | 21.75% | 21.21% | 20.92% | 20.83% | 18.72% | 19.55% | 17.73% | 19.71% | 23.00% | 21.38% | 21.26% | 20.55% | 19.75% | 19.28% | 18.42% | 18.85% | 17.17% |
June 30, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $85,187K ÷ $515,575K
= 16.52%
The operating return on assets (operating ROA) for John B Sanfilippo & Son Inc has shown a fluctuating trend over the past few quarters. The ratio has varied between 16.52% and 21.75% during the last eight quarters, indicating some volatility in the company's operational efficiency in generating profits from its assets.
The peak of 21.75% recorded in September 2023 suggests the company was able to efficiently utilize its assets to generate operating income during that period. However, the ratio has since experienced some fluctuations, with the latest figure standing at 16.52% in June 2024.
Overall, the operating ROA for John B Sanfilippo & Son Inc has generally been above 15% over the analyzed period, indicating that the company has been effectively generating operating income relative to its asset base. However, management may want to focus on maintaining stability and potentially improving the ratio to ensure consistent profitability and efficient asset utilization in the future.
Peer comparison
Jun 30, 2024