Leslies Inc (LESL)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 17,948 | 27,242 | 68,695 | 119,134 | 143,221 | 159,029 | 145,636 | 141,452 | 142,440 | 126,634 | |||
| Total assets | US$ in thousands | 998,520 | 1,034,440 | 1,137,420 | 1,163,230 | 1,076,780 | 1,109,630 | 1,116,990 | 930,195 | 811,265 | 1,042,230 | 996,112 | 857,315 | 745,840 |
| ROA | 1.80% | 2.63% | 6.04% | 10.24% | 13.30% | 14.33% | 13.04% | 15.21% | 17.56% | 12.15% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $17,948K ÷ $998,520K
= 1.80%
Leslies Inc's return on assets (ROA) has experienced fluctuations over the past several quarters. The ROA has decreased from 17.56% in December 2021 to 12.15% in September 2021. This downward trend continued until March 2023, with ROA reaching a low point of 1.80%.
However, there was a notable improvement in the ROA in the subsequent quarters, with a significant increase to 10.24% in March 2023, followed by further improvements to 13.30% in December 2022. The highest ROA during this period was recorded in September 2022 at 14.33%.
Overall, Leslies Inc's ROA shows variability, indicating fluctuations in the company's ability to generate profits from its assets efficiently. This trend suggests that the company may have experienced changes in profitability or asset management strategies during the period under consideration. Further analysis of the company's financial performance and operational efficiency would be necessary to fully understand the factors driving these fluctuations in ROA.
Peer comparison
Dec 31, 2023