John B Sanfilippo & Son Inc (JBSS)
Return on assets (ROA)
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 60,249 | 62,857 | 61,787 | 59,741 | 54,110 |
| Total assets | US$ in thousands | 515,575 | 425,287 | 447,262 | 398,455 | 407,457 |
| ROA | 11.69% | 14.78% | 13.81% | 14.99% | 13.28% |
June 30, 2024 calculation
ROA = Net income ÷ Total assets
= $60,249K ÷ $515,575K
= 11.69%
John B Sanfilippo & Son Inc's return on assets (ROA) has shown some variation in recent years. The company's ROA was 11.69% as of June 30, 2024, which represents a decrease from the previous year's figure of 14.78%. The trend over the past five years indicates that ROA has fluctuated within a range, with the highest recorded at 14.99% as of June 30, 2021, and the lowest at 11.69% as of June 30, 2024.
Overall, the company's ROA performance suggests that it has been effective in generating profits relative to its total assets, although there has been some variability in the efficiency of asset utilization over the years. Further analysis of the factors influencing this trend, such as changes in the company's profitability, asset base, or financial structure, may provide additional insights into the company's financial health and operational efficiency.
Peer comparison
Jun 30, 2024