Papa John's International Inc (PZZA)

Return on assets (ROA)

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Net income US$ in thousands 83,320 82,098 67,772 120,016 57,932
Total assets US$ in thousands 888,952 875,005 864,227 885,704 872,770
ROA 9.37% 9.38% 7.84% 13.55% 6.64%

December 31, 2024 calculation

ROA = Net income ÷ Total assets
= $83,320K ÷ $888,952K
= 9.37%

Based on the data provided, Papa John's International Inc's return on assets (ROA) has shown a fluctuating trend over the years. The ROA was 6.64% as of December 31, 2020, and increased significantly to 13.55% by December 31, 2021, indicating improved efficiency in generating profits from its assets.

However, there was a slight decline in ROA to 7.84% by December 31, 2022, followed by an increase to 9.38% by December 31, 2023, and a stable 9.37% by December 31, 2024. This indicates a generally positive performance in utilizing assets to generate profits, although there were some fluctuations in between.

Overall, the trend suggests that Papa John's International Inc has been effectively managing its assets to generate returns for shareholders, with the ROA showing improvements and stability over the years.