YETI Holdings Inc (YETI)
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 | 245,376 | 225,458 | 126,361 | 274,938 | 214,233 |
| Total assets | US$ in thousands | 1,286,120 | 1,297,190 | 1,076,760 | 1,096,360 | 737,067 |
| Operating ROA | 19.08% | 17.38% | 11.74% | 25.08% | 29.07% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $245,376K ÷ $1,286,120K
= 19.08%
The operating return on assets (ROA) for YETI Holdings Inc has shown a fluctuating trend over the past five years. Starting at 29.07% on December 31, 2020, the operating ROA decreased to 25.08% by December 31, 2021. Subsequently, there was a significant decline to 11.74% by December 31, 2022. However, the company managed to improve its operating ROA to 17.38% by December 31, 2023, and further increased it to 19.08% by December 31, 2024.
This trend indicates that there have been periods of both improvement and challenges in generating operating income relative to the company's assets. It suggests that YETI Holdings Inc may have implemented effective strategies to enhance operational efficiency and profitability to achieve a better return on its assets in the more recent years. However, the fluctuating nature of the operating ROA highlights the importance of closely monitoring and managing the company's operational performance and asset utilization to sustain and further improve its financial health.
Peer comparison
Dec 31, 2024