Kraft Heinz Co (KHC)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,683,000 | 4,572,000 | 3,634,000 | 3,460,000 | 2,128,000 |
| Total assets | US$ in thousands | 88,287,000 | 90,339,000 | 90,513,000 | 93,394,000 | 99,830,000 |
| Operating ROA | 1.91% | 5.06% | 4.01% | 3.70% | 2.13% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $1,683,000K ÷ $88,287,000K
= 1.91%
Based on the provided data, Kraft Heinz Co's operating return on assets (operating ROA) has shown a fluctuating trend over the past five years.
- As of December 31, 2020, the operating ROA was recorded at 2.13%, indicating that for every dollar of assets, the company generated an operating profit of 2.13 cents.
- There was a notable improvement in operational performance by the end of December 31, 2021, with the operating ROA increasing to 3.70%.
- Continuing the positive trend, the operating ROA further increased to 4.01% by December 31, 2022.
- The highest recorded operating ROA was noted by December 31, 2023, at 5.06%, demonstrating the company's efficiency in generating profits from its assets.
- However, there was a slight decline in performance by December 31, 2024, with the operating ROA dropping to 1.91%.
Overall, the varying trend in operating ROA indicates the company's ability to efficiently utilize its assets to generate operating profits, with improvements seen in some years and a slight dip in performance in the most recent year. Additional analysis and comparison with industry benchmarks may provide further insights into Kraft Heinz Co's operational efficiency and profitability.
Peer comparison
Dec 31, 2024