Papa John's International Inc (PZZA)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 156,704 | 147,142 | 109,030 | 168,241 | 90,253 |
| Total assets | US$ in thousands | 888,952 | 875,005 | 864,227 | 885,704 | 872,770 |
| Operating ROA | 17.63% | 16.82% | 12.62% | 19.00% | 10.34% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $156,704K ÷ $888,952K
= 17.63%
Papa John's International Inc's operating return on assets (operating ROA) has shown fluctuations over the years based on the provided data. The trend indicates an improvement in operational efficiency as reflected by an increase in operating ROA from 10.34% as of December 31, 2020, to 17.63% as of December 31, 2024.
The company experienced significant growth in operating ROA between December 2021 and December 2022, reaching a peak of 19.00% before stabilizing around the mid-teens percentage range in the following years. This suggests that Papa John's was able to generate more operating income relative to its total assets during the period.
Overall, the increasing trend in operating ROA is a positive indicator of Papa John's ability to utilize its assets efficiently to generate operating profits. However, further analysis and comparison with industry benchmarks may provide additional insights into the company's operational performance.
Peer comparison
Dec 31, 2024