Kraft Heinz Co (KHC)
Return on assets (ROA)
| Dec 31, 2024 | Sep 30, 2024 | 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 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 2,744,000 | 1,370,000 | 1,922,000 | 2,820,000 | 2,855,000 | 2,988,000 | 3,158,000 | 2,423,000 | 2,363,000 | 1,216,000 | 1,517,000 | 1,225,000 | 1,012,000 | 2,301,000 | 2,165,000 | 541,000 | 356,000 | -494,000 | -192,000 | 1,908,000 |
| Total assets | US$ in thousands | 88,287,000 | 88,566,000 | 88,797,000 | 90,309,000 | 90,339,000 | 89,656,000 | 90,956,000 | 90,943,000 | 90,513,000 | 89,992,000 | 91,676,000 | 93,864,000 | 93,394,000 | 94,897,000 | 97,038,000 | 98,664,000 | 99,830,000 | 98,122,000 | 98,306,000 | 104,073,000 |
| ROA | 3.11% | 1.55% | 2.16% | 3.12% | 3.16% | 3.33% | 3.47% | 2.66% | 2.61% | 1.35% | 1.65% | 1.31% | 1.08% | 2.42% | 2.23% | 0.55% | 0.36% | -0.50% | -0.20% | 1.83% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $2,744,000K ÷ $88,287,000K
= 3.11%
Over the period from March 2020 to December 2024, Kraft Heinz Co's return on assets (ROA) varied significantly. The ROA started at 1.83% in March 2020, demonstrating the company's ability to generate profits from its assets. However, the company experienced a negative ROA in the following quarters, signaling a period of decreased profitability relative to its total assets.
Subsequently, Kraft Heinz Co's ROA showed signs of improvement, with positive percentages recorded from March 2021 onwards. The trend continued to strengthen, reaching its peak of 3.47% in June 2023. This significant improvement in ROA indicates the company's enhanced efficiency in utilizing its assets to generate earnings.
Towards the end of the period in December 2024, the ROA stood at 3.11%, reflecting a robust performance in generating profits relative to its asset base. This consistent improvement in ROA over time suggests that Kraft Heinz Co has been effectively managing its assets to drive profitability and value creation for its stakeholders.
Peer comparison
Dec 31, 2024