SpartanNash Co (SPTN)
Return on assets (ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Oct 7, 2023 | Sep 30, 2023 | Jul 15, 2023 | Jun 30, 2023 | Apr 22, 2023 | Mar 31, 2023 | Dec 31, 2022 | Oct 8, 2022 | Sep 30, 2022 | Jun 30, 2022 | Apr 23, 2022 | Mar 31, 2022 | Dec 31, 2021 | Oct 9, 2021 | Sep 30, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 299 | 45,685 | 45,892 | 45,530 | 52,027 | 61,190 | 61,400 | 61,610 | 42,792 | 32,788 | 30,915 | 24,693 | 43,332 | 53,157 | 65,938 | 75,999 | 71,886 | 69,411 | 63,980 | 68,320 |
| Total assets | US$ in thousands | 2,602,300 | 2,467,430 | 2,365,880 | 2,341,800 | 2,355,580 | 2,333,780 | 2,333,780 | 2,326,910 | 2,326,910 | 2,296,190 | 2,296,190 | 2,306,560 | 2,341,480 | 2,341,480 | 2,322,320 | 2,264,230 | 2,264,230 | 2,206,780 | 2,242,680 | 2,242,680 |
| ROA | 0.01% | 1.85% | 1.94% | 1.94% | 2.21% | 2.62% | 2.63% | 2.65% | 1.84% | 1.43% | 1.35% | 1.07% | 1.85% | 2.27% | 2.84% | 3.36% | 3.17% | 3.15% | 2.85% | 3.05% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $299K ÷ $2,602,300K
= 0.01%
The Return on Assets (ROA) of SpartanNash Co has shown fluctuations over the period analyzed. Starting at 3.05% in September 2021, the ROA decreased to 1.07% by December 2022, indicating a decline in the company's ability to generate earnings from its assets. However, the ROA saw a slight recovery in the subsequent periods, reaching 2.65% by July 15, 2023. From that point, the ROA remained relatively stable within the range of 1.85% to 2.63% until December 2024, when it sharply dropped to 0.01%.
The decreasing trend in ROA from 2021 to 2024 suggests that SpartanNash Co may be experiencing challenges in efficiently utilizing its assets to generate profits. Investors and stakeholders may need to closely monitor the company's asset management strategies and overall financial performance to assess the effectiveness of its operations and identify potential areas for improvement.
Peer comparison
Dec 31, 2024