Pilgrims Pride Corp (PPC)
Operating return on assets (Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,506,069 | 1,383,717 | 1,081,736 | 741,217 | 522,286 | 260,463 | 393,292 | 805,925 | 1,176,595 | 1,309,173 | 1,090,748 | 454,713 | 211,164 | 195,610 | 169,121 | 319,541 | 245,463 | 291,755 | 385,652 | 637,913 |
| Total assets | US$ in thousands | 10,650,600 | 10,700,500 | 10,078,500 | 9,768,340 | 9,810,360 | 9,927,820 | 9,922,510 | 9,227,500 | 9,255,770 | 9,079,010 | 9,322,930 | 9,317,870 | 8,913,200 | 8,832,840 | 7,748,840 | 7,480,760 | 7,474,500 | 7,469,500 | 7,156,580 | 7,251,980 |
| Operating ROA | 14.14% | 12.93% | 10.73% | 7.59% | 5.32% | 2.62% | 3.96% | 8.73% | 12.71% | 14.42% | 11.70% | 4.88% | 2.37% | 2.21% | 2.18% | 4.27% | 3.28% | 3.91% | 5.39% | 8.80% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,506,069K ÷ $10,650,600K
= 14.14%
Operating return on assets (Operating ROA) reflects Pilgrims Pride Corp's operational efficiency in generating profits from its assets. The trend analysis of Operating ROA for Pilgrims Pride Corp from March 2020 to December 2024 reveals fluctuations over the period.
From March 2020 to June 2020, there was a decline in Operating ROA from 8.80% to 5.39%, indicating a decrease in the company's ability to generate operating income from its assets. This trend continued, with the Operating ROA further dropping to 3.91% by September 2020 and 3.28% by December 2020.
However, a slight improvement was observed in the following quarters, with Operating ROA increasing to 4.27% by March 2021. Subsequently, there was a decline in the Operating ROA figures for the next few quarters, hitting a low of 2.18% by June 2021.
The trend then reversed, showing an upward trajectory in Operating ROA with values of 14.42% by September 2022 and 14.14% by December 2024. This improvement indicates a stronger operational performance in utilizing assets to generate profits.
Overall, the fluctuations in Pilgrims Pride Corp's Operating ROA suggest varying levels of operational efficiency and profitability over the five-year period, with notable improvements in recent quarters.
Peer comparison
Dec 31, 2024