Wingstop Inc (WING)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 108,717 | 70,175 | 52,947 | 42,658 | 23,306 |
| Total assets | US$ in thousands | 716,246 | 377,825 | 424,190 | 249,203 | 211,565 |
| ROA | 15.18% | 18.57% | 12.48% | 17.12% | 11.02% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $108,717K ÷ $716,246K
= 15.18%
Wingstop Inc's return on assets (ROA) has shown variability over the years based on the available data. The ROA for the fiscal year ending December 31, 2020, stood at 11.02%, reflecting the company's ability to generate a return relative to its total assets. Subsequently, Wingstop Inc's ROA increased significantly to 17.12% as of December 31, 2021, indicating improved asset utilization or profit generation.
In the following years, there were fluctuations in Wingstop Inc's ROA. By December 31, 2022, the ROA decreased to 12.48%, suggesting a potential decline in the company's efficiency in using its assets to generate profits. However, by December 31, 2023, Wingstop Inc managed to amplify its ROA to 18.57%, signaling a strong performance in converting assets into income.
Finally, as of December 31, 2024, Wingstop Inc's ROA was recorded at 15.18%, continuing to demonstrate a relatively healthy return on its assets. Overall, the fluctuations in ROA highlight the company's effectiveness in managing its asset base to generate profits and create shareholder value over the analyzed period.
Peer comparison
Dec 31, 2024