YETI Holdings Inc (YETI)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 175,689 | 201,128 | 187,501 | 175,176 | 169,885 | 63,554 | 66,417 | 74,598 | 89,693 | 190,312 | 197,759 | 207,738 | 212,602 | 202,115 | 200,593 | 177,844 | 155,801 | 98,149 | 68,006 | 56,747 |
| 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 |
| ROA | 13.66% | 15.80% | 15.22% | 15.64% | 13.10% | 5.50% | 6.12% | 7.41% | 8.33% | 19.36% | 18.74% | 21.43% | 19.39% | 21.38% | 23.22% | 24.25% | 21.14% | 13.77% | 10.84% | 8.51% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $175,689K ÷ $1,286,120K
= 13.66%
YETI Holdings Inc's return on assets (ROA) has shown fluctuations over the provided time period, ranging from a low of 5.50% on September 30, 2023, to a high of 24.25% on March 31, 2021. The ROA indicates the company's ability to generate profits from its assets, with higher percentages suggesting greater efficiency in asset utilization.
The ROA saw a general upward trend from March 31, 2020, to June 30, 2021, peaking at 24.25%. However, there was a downward trend from June 30, 2021, to December 31, 2024, with fluctuations along the way. The ratio stood at 13.66% on December 31, 2024.
Overall, YETI Holdings Inc's ROA performance indicates periods of strong asset utilization efficiency, particularly in the first half of the provided period, but also highlights a decline in asset productivity in the latter stages. Monitoring this ratio can provide insights into the company's operational efficiency and profitability relative to its asset base.
Peer comparison
Dec 31, 2024