Post Holdings Inc (POST)
Return on assets (ROA)
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 301,300 | 756,600 | 166,700 | 800 | 124,700 |
| Total assets | US$ in thousands | 11,646,700 | 11,308,000 | 12,414,700 | 12,146,700 | 11,951,600 |
| ROA | 2.59% | 6.69% | 1.34% | 0.01% | 1.04% |
September 30, 2023 calculation
ROA = Net income ÷ Total assets
= $301,300K ÷ $11,646,700K
= 2.59%
Post Holdings Inc's return on assets (ROA) has demonstrated fluctuations over the past five years. In 2023, the ROA stands at 2.59%, representing a decline from the previous year's 6.69%. This decline suggests that the company's ability to generate profit from its assets has decreased. However, it is important to note that the ROA is still positive, indicating that the company is generating a return on its assets.
The significant increase in ROA in 2022 compared to 2021 is a positive sign, suggesting improved efficiency in asset utilization. However, the sharp decline in 2021 followed by a minimal ROA in 2020 indicates potential challenges in asset management and profitability during those years.
It is also worth noting that the ROA has shown improvement compared to 2019, indicating that the company may have made operational and strategic changes to enhance its asset productivity and profitability. Overall, the trend in ROA reflects fluctuations in the company's ability to efficiently utilize its assets to generate profit, signaling the need for further analysis of the factors driving these changes.
Peer comparison
Sep 30, 2023