YETI Holdings Inc (YETI)
Return on assets (ROA)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 50,434 | 70,861 | ||
| Total assets | US$ in thousands | 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 | 629,539 | 559,695 | 540,436 | 495,786 |
| ROA | 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% | 8.01% | 12.66% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $169,885K ÷ $1,297,190K
= 13.10%
YETI Holdings Inc's return on assets (ROA) has fluctuated over the past several periods. The company's ROA ranged from a low of 5.50% in September 2023 to a high of 24.25% in March 2021. Overall, YETI's ROA has shown a general upward trend from 2019 to 2021, with consistently strong performance during this period. However, there has been some volatility in ROA since 2021, with fluctuations observed in subsequent quarters.
The average ROA over this period is approximately 14.22%, indicating that YETI has been fairly effective in generating profits relative to its assets. Investors and analysts may want to further investigate the reasons behind the fluctuations in ROA in order to assess the company's operational efficiency and profitability.
Peer comparison
Dec 31, 2023