Keurig Dr Pepper Inc (KDP)
Operating return on assets (Operating ROA)
| 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 31, 2021 | Sep 30, 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 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 3,192,000 | 2,922,000 | 2,420,000 | 2,223,000 | 2,605,000 | 2,657,000 | 3,058,000 | 3,220,000 | 2,894,000 | 2,869,000 | 2,827,000 | 2,654,000 | 2,480,000 | 2,493,000 | 2,320,000 | 2,346,000 | 2,378,000 | 2,212,000 | 1,977,000 | 1,557,000 |
| Total assets | US$ in thousands | 52,130,000 | 51,763,000 | 51,801,000 | 51,660,000 | 51,837,000 | 51,440,000 | 51,428,000 | 51,244,000 | 50,598,000 | 50,330,000 | 50,344,000 | 50,403,000 | 49,779,000 | 49,381,000 | 49,026,000 | 48,843,000 | 49,518,000 | 49,400,000 | 49,547,000 | 49,291,000 |
| Operating ROA | 6.12% | 5.64% | 4.67% | 4.30% | 5.03% | 5.17% | 5.95% | 6.28% | 5.72% | 5.70% | 5.62% | 5.27% | 4.98% | 5.05% | 4.73% | 4.80% | 4.80% | 4.48% | 3.99% | 3.16% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $3,192,000K ÷ $52,130,000K
= 6.12%
Keurig Dr Pepper Inc's operating return on assets (ROA) has exhibited a relatively consistent trend over the past eight quarters. The operating ROA has shown a slight increase from 5.17% in Q4 2022 to 6.08% in Q4 2023, indicating an improvement in the company's ability to generate operating income from its assets.
Although there have been fluctuations in the operating ROA over the quarters, the overall trend appears to be positive. The company's ability to effectively utilize its assets to generate operating profits has improved compared to the previous quarters.
It is noteworthy that in Q1 2023, the operating ROA dipped to 5.08%, but it rebounded in subsequent quarters. This may suggest some temporary challenges or factors affecting the company's profitability in that particular period.
Overall, Keurig Dr Pepper Inc's operating ROA performance reflects a generally positive trend, indicating efficient asset utilization and profitability generation in its operations.
Peer comparison
Dec 31, 2023