Treehouse Foods Inc (THS)
Operating return on assets (Operating ROA)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 144,500 | 163,000 | 123,700 | 68,500 | -27,100 | -113,700 | -99,000 | -69,200 | -1,900 | -68,500 | -37,700 | -16,500 | 2,700 | 127,200 | 31,800 | -1,400 | -16,100 | 5,000 | 99,600 | 111,400 |
| Total assets | US$ in thousands | 4,106,600 | 4,318,500 | 4,380,400 | 4,254,000 | 4,253,900 | 5,188,100 | 5,267,400 | 5,228,200 | 5,207,800 | 5,082,300 | 5,081,400 | 5,142,500 | 5,485,700 | 5,385,900 | 5,242,000 | 5,271,000 | 5,139,400 | 5,261,200 | 5,592,900 | 5,765,000 |
| Operating ROA | 3.52% | 3.77% | 2.82% | 1.61% | -0.64% | -2.19% | -1.88% | -1.32% | -0.04% | -1.35% | -0.74% | -0.32% | 0.05% | 2.36% | 0.61% | -0.03% | -0.31% | 0.10% | 1.78% | 1.93% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $144,500K ÷ $4,106,600K
= 3.52%
Treehouse Foods Inc's operating return on assets (ROA) has shown fluctuations in the recent quarters. In Q4 2023, the operating ROA was 3.71%, followed by a higher ROA of 4.99% in Q3 2023. This indicates an improvement in the company's efficiency in generating operating income from its assets. However, in Q2 2023, the operating ROA decreased to 3.94% before dropping further to 2.85% in Q1 2023.
Comparing the recent performance to the same period in the previous year, Treehouse Foods Inc has shown significant growth in operating ROA. In Q4 2022, the operating ROA was only 0.97%, indicating a substantial improvement in the company's operational efficiency over the past year.
Overall, the trend in operating ROA for Treehouse Foods Inc suggests that the company has been able to enhance its operational efficiency and generate more income from its assets in recent quarters. However, it will be important to monitor the trend in the upcoming quarters to assess the company's ability to sustain or improve its operating ROA.
Peer comparison
Dec 31, 2023