Texas Roadhouse Inc (TXRH)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 516,519 | 353,989 | 320,197 | 297,192 | 23,844 |
| Total assets | US$ in thousands | 3,190,780 | 2,793,380 | 2,525,660 | 2,511,950 | 2,325,160 |
| Operating ROA | 16.19% | 12.67% | 12.68% | 11.83% | 1.03% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $516,519K ÷ $3,190,780K
= 16.19%
The operating return on assets (operating ROA) of Texas Roadhouse Inc has shown a positive trend over the past five years, starting at 1.03% on December 31, 2020, and steadily increasing to 16.19% by December 31, 2024. This indicates that the company has been able to generate more operating income relative to its total assets over time, reflecting improved operational efficiency and effectiveness in utilizing its assets to generate profits. The significant increase in operating ROA from 2020 to 2024 underscores the company's ability to enhance profitability and create value for its shareholders through effective management of its asset base.
Peer comparison
Dec 31, 2024