John B Sanfilippo & Son Inc (JBSS)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 60,249 | 64,909 | 67,164 | 64,900 | 62,857 | 65,598 | 61,743 | 58,083 | 61,787 | 56,716 | 59,540 | 66,178 | 59,741 | 57,655 | 56,420 | 53,996 | 54,110 | 55,118 | 51,983 | 45,786 |
| 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 |
| ROA | 11.69% | 13.19% | 13.86% | 15.28% | 14.78% | 14.74% | 14.50% | 13.18% | 13.81% | 12.50% | 13.95% | 16.25% | 14.99% | 14.70% | 14.19% | 13.61% | 13.28% | 12.80% | 13.01% | 11.64% |
June 30, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $60,249K ÷ $515,575K
= 11.69%
The Return on Assets (ROA) of John B Sanfilippo & Son Inc has been fluctuating over the past several quarters. The ROA measures the company's ability to generate profit from its assets.
Based on the data provided, we can see that the ROA has ranged from a low of 11.64% in September 2019 to a high of 16.25% in September 2021. The ROA peaked in September 2021 and has since experienced some fluctuations, with the latest reported ROA of 11.69% in June 2024.
Overall, the company's ROA has generally been above 10%, indicating that John B Sanfilippo & Son Inc has been able to efficiently utilize its assets to generate earnings. However, the fluctuations in the ROA over time may suggest varying levels of asset efficiency and profitability. Further analysis and comparison with industry benchmarks may provide additional insights into the company's financial performance.
Peer comparison
Jun 30, 2024