Kontoor Brands Inc (KTB)

Return on assets (ROA)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	245,802	230,994	245,493	195,423	67,923
Total assets	US$ in thousands	1,650,540	1,645,440	1,582,260	1,533,020	1,545,820
ROA		14.89%	14.04%	15.52%	12.75%	4.39%

December 31, 2024 calculation

ROA = Net income ÷ Total assets
= $245,802K ÷ $1,650,540K
= 14.89%

The return on assets (ROA) for Kontoor Brands Inc has shown a notable upward trend over the past five years.

- As of December 31, 2020, the ROA was reported at 4.39%, indicating that the company generated a return of 4.39 cents per dollar of assets invested.
- By December 31, 2021, the ROA had increased significantly to 12.75%, reflecting improved efficiency in asset utilization and profitability.
- This positive trend continued into the following years, with ROA reaching 15.52% by December 31, 2022, demonstrating further enhancement in the company's ability to generate earnings from its assets.
- Although there was a slight dip in ROA to 14.04% by December 31, 2023, the metric remained at a relatively high level, indicating sustained profitability.
- By the end of December 31, 2024, the ROA had climbed back up to 14.89%, showcasing Kontoor Brands Inc's continued effectiveness in generating profits relative to its asset base.

Overall, the increasing trend in ROA signifies the company's improved efficiency in managing its assets to generate earnings, which can be indicative of effective management and positive financial performance.