Yum! Brands Inc (YUM)
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 | 1,597,000 | 1,505,000 | 1,420,000 | 1,226,000 | 1,325,000 | 1,284,000 | 1,481,000 | 1,648,000 | 1,575,000 | 1,577,000 | 1,332,000 | 1,147,000 | 904,000 | 1,060,000 | 1,032,000 | 1,115,000 | 1,294,000 | 1,140,000 | 1,339,000 | 1,371,000 |
| Total assets | US$ in thousands | 6,231,000 | 6,071,000 | 5,848,000 | 5,749,000 | 5,846,000 | 5,779,000 | 5,790,000 | 5,816,000 | 5,966,000 | 6,419,000 | 5,649,000 | 5,550,000 | 5,852,000 | 6,061,000 | 6,421,000 | 6,085,000 | 5,231,000 | 5,003,000 | 4,674,000 | 4,744,000 |
| ROA | 25.63% | 24.79% | 24.28% | 21.33% | 22.67% | 22.22% | 25.58% | 28.34% | 26.40% | 24.57% | 23.58% | 20.67% | 15.45% | 17.49% | 16.07% | 18.32% | 24.74% | 22.79% | 28.65% | 28.90% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $1,597,000K ÷ $6,231,000K
= 25.63%
Yum Brands Inc.'s return on assets (ROA) has shown fluctuation over the past eight quarters. In Q4 2023, the ROA was 25.63%, which was an increase from the previous quarter's 24.79%. This indicates that the company generated $0.2563 in earnings for every dollar of assets it owns during that period, showcasing improved asset efficiency.
The ROA trend highlights a generally positive performance, with some quarters showing higher returns than others. However, the ROA has been relatively strong and above 20% consistently over the quarters, indicating that Yum Brands Inc. has been effectively utilizing its assets to generate profits.
It is worth noting that the ROA peaked at 28.34% in Q1 2022 and reached its lowest point at 21.33% in Q1 2023. The overall trend suggests that Yum Brands Inc. has been managing its assets efficiently, but investors may want to monitor future trends to ensure sustained performance.
Peer comparison
Dec 31, 2023