YETI Holdings Inc (YETI)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 245,376 | 261,024 | 253,266 | 236,177 | 225,458 | 83,564 | 90,154 | 108,169 | 126,361 | 263,838 | 264,100 | 268,179 | 274,938 | 262,629 | 264,012 | 238,120 | 214,233 | 144,789 | 108,682 | 97,149 |
| Total assets | US$ in thousands | 1,286,120 | 1,273,190 | 1,232,300 | 1,119,800 | 1,297,190 | 1,155,880 | 1,085,440 | 1,006,520 | 1,076,760 | 983,226 | 1,055,360 | 969,529 | 1,096,360 | 945,508 | 863,975 | 733,252 | 737,067 | 712,572 | 627,452 | 666,769 |
| Operating ROA | 19.08% | 20.50% | 20.55% | 21.09% | 17.38% | 7.23% | 8.31% | 10.75% | 11.74% | 26.83% | 25.02% | 27.66% | 25.08% | 27.78% | 30.56% | 32.47% | 29.07% | 20.32% | 17.32% | 14.57% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $245,376K ÷ $1,286,120K
= 19.08%
YETI Holdings Inc's operating return on assets (operating ROA) has displayed some fluctuations over the past few years based on the provided data. The operating ROA increased progressively from March 31, 2020 (14.57%) to March 31, 2021 (32.47%), peaking at 32.47%. This period of significant growth indicates that the company was able to generate higher operating income relative to its total assets.
However, the operating ROA started to decline from the peak in March 2021. The percentage decreased to 25.02% by June 30, 2022, as compared to the high of 32.47% in March 2021. The trend continued with fluctuations, hitting a low of 7.23% on September 30, 2023, before recovering slightly to 19.08% by December 31, 2024.
The fluctuations in the operating ROA may suggest changes in the company's operating efficiency and profitability over time. A declining trend could indicate challenges in utilizing assets effectively to generate operating income. It would be essential for stakeholders to further investigate the reasons behind these fluctuations to assess the company's overall financial performance and sustainability.
Peer comparison
Dec 31, 2024