Keurig Dr Pepper Inc (KDP)
Operating return on assets (Operating ROA)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 3,192,000 | 2,605,000 | 2,894,000 | 2,480,000 | 2,378,000 |
| Total assets | US$ in thousands | 52,130,000 | 51,837,000 | 50,598,000 | 49,779,000 | 49,518,000 |
| Operating ROA | 6.12% | 5.03% | 5.72% | 4.98% | 4.80% |
December 31, 2023 calculation
Operating ROA = Operating income ÷ Total assets
= $3,192,000K ÷ $52,130,000K
= 6.12%
The operating return on assets (operating ROA) of Keurig Dr Pepper Inc has shown a positive trend over the past five years. The operating ROA has increased from 4.80% in 2019 to 6.08% in 2023, indicating that the company has been able to generate more operating income relative to its total assets over this period.
The improvement in operating ROA suggests that Keurig Dr Pepper Inc has been effectively managing its assets to boost operational efficiency and profitability. This could be attributed to factors such as effective cost management, revenue growth, and operational optimization.
Overall, the increasing trend in operating ROA reflects positively on the company's ability to generate profits from its assets and indicates sound operational performance over the analyzed period.
Peer comparison
Dec 31, 2023