Treehouse Foods Inc (THS)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 26,900 | 53,100 | -146,300 | -12,500 | 13,800 |
| Total assets | US$ in thousands | 3,980,000 | 4,106,600 | 4,253,900 | 5,207,000 | 5,485,700 |
| ROA | 0.68% | 1.29% | -3.44% | -0.24% | 0.25% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $26,900K ÷ $3,980,000K
= 0.68%
Based on the data provided for Treehouse Foods Inc, the return on assets (ROA) has exhibited significant fluctuations over the past five years.
In December 2020, Treehouse Foods Inc reported an ROA of 0.25%, indicating that the company generated a profit of 0.25 cents for every dollar of assets it possessed. However, the following year saw a decline in performance with an ROA of -0.24%, signifying that the company incurred a loss relative to its assets.
The performance worsened in December 2022 with a ROA of -3.44%, suggesting that the company experienced significant challenges in utilizing its assets efficiently to generate profits.
Fortunately, Treehouse Foods Inc managed to turn the situation around in December 2023, achieving an ROA of 1.29%, which indicates a notable improvement in profitability relative to its asset base.
By December 2024, the company's ROA stood at 0.68%, demonstrating a moderate increase in performance compared to the previous year.
Overall, the fluctuating trend in Treehouse Foods Inc's ROA over the five-year period highlights the company's varying ability to generate profits from its assets efficiently. It is important for investors and stakeholders to closely monitor this metric to assess the company's financial health and operational efficiency moving forward.
Peer comparison
Dec 31, 2024