Tyson Foods Inc (TSN)
Operating return on assets (Operating ROA)
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,409,000 | 421,000 | -270,000 | -631,000 | -395,000 | 834,000 | 2,217,000 | 3,422,000 | 4,410,000 | 5,553,000 | 5,582,000 | 5,146,000 | 4,396,000 | 3,449,000 | 3,160,000 | 2,955,000 | 3,008,000 | 2,654,000 | 2,672,000 | 2,749,000 |
| Total assets | US$ in thousands | 37,100,000 | 37,732,000 | 37,465,000 | 36,746,000 | 36,251,000 | 36,761,000 | 36,796,000 | 36,678,000 | 36,821,000 | 36,245,000 | 35,898,000 | 36,824,000 | 36,309,000 | 35,663,000 | 34,474,000 | 35,458,000 | 34,456,000 | 34,323,000 | 33,657,000 | 33,564,000 |
| Operating ROA | 3.80% | 1.12% | -0.72% | -1.72% | -1.09% | 2.27% | 6.03% | 9.33% | 11.98% | 15.32% | 15.55% | 13.97% | 12.11% | 9.67% | 9.17% | 8.33% | 8.73% | 7.73% | 7.94% | 8.19% |
September 30, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,409,000K ÷ $37,100,000K
= 3.80%
The operating return on assets (operating ROA) of Tyson Foods Inc has shown some fluctuations over the past few quarters. The operating ROA was positive in most periods, indicating that the company generated operating income relative to its total assets.
In the most recent quarter, ending on September 30, 2024, the operating ROA stood at 3.80%, showing an improvement compared to the previous quarter's 1.12%. This suggests that Tyson Foods Inc was more efficient in generating operating income from its assets in the latest period.
However, looking back over the past two years, the operating ROA has displayed a general decreasing trend from highs of around 15% to the most recent 3.80%. This could indicate challenges in maintaining and increasing profitability relative to the company's asset base.
It is important for stakeholders to monitor Tyson Foods Inc's operating ROA closely to assess the company's operational efficiency and profitability trends over time.
Peer comparison
Sep 30, 2024