Kontoor Brands Inc (KTB)

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	245,802	250,595	239,578	224,205	230,994	213,828	205,380	230,979	245,493	237,798	250,128	211,770	195,423	194,625	191,997	135,098	67,923	53,564	7,281	78,529
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
ROA		14.89%	15.16%	14.86%	13.49%	14.04%	13.15%	12.77%	14.05%	15.52%	14.39%	16.21%	13.33%	12.75%	12.06%	12.65%	8.89%	4.39%	3.21%	0.46%	4.13%

December 31, 2024 calculation

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

Kontoor Brands Inc has shown fluctuations in its Return on Assets (ROA) over the analyzed periods. The ROA started at 4.13% as of March 31, 2020, declined to 0.46% by June 30, 2020, and then gradually improved to reach 4.39% by December 31, 2020. Subsequently, there was a significant surge in ROA to 8.89% by March 31, 2021, and continued to increase steadily, reaching the peak of 16.21% by June 30, 2022.

However, post this peak, the ROA displayed some volatility, fluctuating within a range of 12.65% to 14.86% over the next few quarters. Despite this volatility, the ROA remained relatively healthy compared to the earlier periods. As of December 31, 2024, the ROA stood at 14.89%, indicating that Kontoor Brands Inc continues to generate a solid return on its assets.

Overall, the trend in ROA for Kontoor Brands Inc reflects both periods of strong performance and slight fluctuations, indicating varying levels of asset utilization efficiency and profitability over the analyzed time frame.