Kenvue Inc. (KVUE)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | ||
|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,841,000 | 1,818,000 | 1,874,000 | 2,422,000 | 2,512,000 |
| Total assets | US$ in thousands | 25,601,000 | 26,925,000 | 26,443,000 | 27,283,000 | 27,851,000 |
| Operating ROA | 7.19% | 6.75% | 7.09% | 8.88% | 9.02% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,841,000K ÷ $25,601,000K
= 7.19%
The operating return on assets (ROA) of Kenvue Inc. has shown some fluctuations over the period analyzed. It stood at 9.02% as of December 31, 2023, decreased slightly to 8.88% by March 31, 2024, and experienced a more significant drop to 7.09% by June 30, 2024. The trend continued with a further decline to 6.75% as of September 30, 2024. However, there was a slight improvement in the operating ROA to 7.19% by December 31, 2024.
This indicates that Kenvue Inc. has been generating operating profits relative to its total assets, although the efficiency of this utilization has varied during the period. The decreasing trend from the start to the third quarter of the year suggests possible challenges in maintaining profitability levels relative to asset deployment. The improvement in the last quarter might indicate efforts to enhance operational efficiency and profitability. Further analysis of the underlying factors driving these fluctuations would provide additional insights into the company's operational performance.
Peer comparison
Dec 31, 2024