WK Kellogg Co (KLG)
Operating return on assets (Operating ROA)
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | ||
---|---|---|---|---|
Operating income (ttm) | US$ in thousands | 109,000 | 108,000 | 131,000 |
Total assets | US$ in thousands | 1,962,000 | 1,900,000 | 1,897,000 |
Operating ROA | 5.56% | 5.68% | 6.91% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $109,000K ÷ $1,962,000K
= 5.56%
WK Kellogg Co's operating return on assets (Operating ROA) has shown a slight decline from 6.91% as of June 30, 2024, to 5.68% as of September 30, 2024, and further decreased to 5.56% as of December 31, 2024. This trend indicates that the company's operating efficiency in generating profits from its assets has weakened over the period analyzed. Management may need to closely monitor and potentially improve the company's operational performance to enhance its overall profitability.
Peer comparison
Dec 31, 2024
Company name
Symbol
Operating ROA
WK Kellogg Co
KLG
5.56%
General Mills Inc
GIS
10.90%
Ingredion Incorporated
INGR
12.52%
Kellanova
K
9.63%
Post Holdings Inc
POST
6.17%