WK Kellogg Co (KLG)

Return on assets (ROA)

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024
Net income (ttm) US$ in thousands 72,000 68,000 121,000
Total assets US$ in thousands 1,962,000 1,900,000 1,897,000
ROA 3.67% 3.58% 6.38%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $72,000K ÷ $1,962,000K
= 3.67%

WK Kellogg Co's return on assets (ROA) has shown fluctuations over the course of the year 2024. In June 30, 2024, the ROA stood at 6.38%, indicating that the company generated 6.38 cents in net income for every dollar of assets owned. However, the ROA decreased to 3.58% by September 30, 2024, suggesting a decline in the company's ability to generate earnings from its assets.

By the end of December 31, 2024, the ROA improved slightly to 3.67%, although it still remained lower than the initial figure reported in June. This indicates that while the company managed to enhance its profitability relative to its assets, there is room for further improvement.

Overall, WK Kellogg Co's ROA performance for 2024 reflects some variability, with room for enhancing efficiency in utilizing its assets to generate returns for its shareholders.