Kontoor Brands Inc (KTB)

Operating return on assets (Operating 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
Operating income (ttm)	US$ in thousands	342,289	333,435	320,596	308,750	319,269	328,461	318,045	343,393	356,665	340,678	351,592	298,024	282,979	277,262	274,146	217,174	123,834	119,452	67,616	142,931
Total assets	US$ in thousands	1,650,540	1,653,120	1,612,440	1,661,440	1,645,440	1,625,930	1,608,320	1,643,570	1,582,260	1,653,010	1,543,150	1,589,050	1,533,020	1,613,180	1,517,840	1,519,680	1,545,820	1,668,720	1,572,770	1,901,800
Operating ROA		20.74%	20.17%	19.88%	18.58%	19.40%	20.20%	19.77%	20.89%	22.54%	20.61%	22.78%	18.75%	18.46%	17.19%	18.06%	14.29%	8.01%	7.16%	4.30%	7.52%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $342,289K ÷ $1,650,540K
= 20.74%

Kontoor Brands Inc's operating return on assets (operating ROA) has displayed fluctuating trends over the reporting periods provided. The operating ROA started at 7.52% on March 31, 2020, decreased to 4.30% by June 30, 2020, and then gradually increased to reach 8.01% by December 31, 2020.

A significant improvement was observed in the following quarters, with operating ROA soaring to 14.29% on March 31, 2021, and continuing to rise to 22.78% by June 30, 2022. However, the metric experienced a slight decline in the subsequent periods but remained relatively healthy, fluctuating between 18.58% and 20.74% up to December 31, 2024.

Overall, the general trend indicates that Kontoor Brands Inc has been successful in efficiently utilizing its assets to generate operating profits during the specified periods, with some fluctuations observed that could be influenced by various internal and external factors impacting the company's operations and profitability.