Monro Muffler Brake Inc (MNRO)
Operating return on assets (Operating ROA)
Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Dec 23, 2023 | Sep 30, 2023 | Sep 23, 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 | ||
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Operating income (ttm) | US$ in thousands | 37,834 | 48,172 | 59,592 | 67,773 | 75,459 | 87,476 | 83,442 | 68,236 | 69,727 | 70,288 | 78,000 | 63,056 | 66,646 | 78,208 | 81,064 | 110,554 | 98,806 | 88,753 | 72,237 | 51,918 |
Total assets | US$ in thousands | — | 1,669,930 | 1,681,300 | 1,712,240 | 1,692,810 | 1,733,100 | 1,733,100 | 1,726,770 | 1,726,770 | 1,754,020 | 1,776,880 | 1,799,180 | 1,789,070 | 1,815,730 | 1,871,410 | 1,889,190 | 1,853,360 | 1,891,770 | 1,811,810 | 1,830,680 |
Operating ROA | — | 2.88% | 3.54% | 3.96% | 4.46% | 5.05% | 4.81% | 3.95% | 4.04% | 4.01% | 4.39% | 3.50% | 3.73% | 4.31% | 4.33% | 5.85% | 5.33% | 4.69% | 3.99% | 2.84% |
March 31, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $37,834K ÷ $—K
= —
Monro Muffler Brake Inc's operating return on assets (Operating ROA) has shown some fluctuations over the period from December 31, 2020, to March 31, 2025. The Operating ROA started at 2.84% in December 2020, increased steadily to reach its peak at 5.85% by the end of 2021, and then experienced some fluctuations before decreasing to 2.88% by the end of 2024.
Throughout this period, the Operating ROA generally demonstrated an improvement in profitability as it increased from 2.84% to 5.85% by the end of 2021. However, there was a subsequent decline in the Operating ROA in the following years, with fluctuations seen in the values from 2022 to 2024.
The Operating ROA is a measure of how efficiently the company is generating profits from its assets used in operations. A higher Operating ROA indicates that the company is more efficient in utilizing its assets to generate earnings. Monro Muffler Brake Inc may need to focus on strategies to improve operational efficiency and asset utilization to potentially increase its profitability in the future.
Peer comparison
Mar 31, 2025