GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Bloomin Brands Inc (NAS:BLMN) » Definitions » ROA %

Bloomin Brands (Bloomin Brands) ROA % : 5.11% (As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Bloomin Brands ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Bloomin Brands's annualized Net Income for the quarter that ended in Dec. 2023 was $173 Mil. Bloomin Brands's average Total Assets over the quarter that ended in Dec. 2023 was $3,387 Mil. Therefore, Bloomin Brands's annualized ROA % for the quarter that ended in Dec. 2023 was 5.11%.

The historical rank and industry rank for Bloomin Brands's ROA % or its related term are showing as below:

BLMN' s ROA % Range Over the Past 10 Years
Min: -4.56   Med: 3.95   Max: 7.45
Current: 7.45

During the past 13 years, Bloomin Brands's highest ROA % was 7.45%. The lowest was -4.56%. And the median was 3.95%.

BLMN's ROA % is ranked better than
78% of 350 companies
in the Restaurants industry
Industry Median: 2.56 vs BLMN: 7.45

Bloomin Brands ROA % Historical Data

The historical data trend for Bloomin Brands's ROA % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bloomin Brands ROA % Chart

Bloomin Brands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.31 -4.56 6.48 3.08 7.34

Bloomin Brands Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.10 11.15 8.40 5.38 5.11

Competitive Comparison of Bloomin Brands's ROA %

For the Restaurants subindustry, Bloomin Brands's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bloomin Brands's ROA % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Bloomin Brands's ROA % distribution charts can be found below:

* The bar in red indicates where Bloomin Brands's ROA % falls into.



Bloomin Brands ROA % Calculation

Bloomin Brands's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=247.386/( (3320.425+3424.081)/ 2 )
=247.386/3372.253
=7.34 %

Bloomin Brands's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=173.08/( (3350.91+3424.081)/ 2 )
=173.08/3387.4955
=5.11 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Dec. 2023) net income data. ROA % is displayed in the 30-year financial page.


Bloomin Brands  (NAS:BLMN) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=173.08/3387.4955
=(Net Income / Revenue)*(Revenue / Total Assets)
=(173.08 / 4776.788)*(4776.788 / 3387.4955)
=Net Margin %*Asset Turnover
=3.62 %*1.4101
=5.11 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Bloomin Brands ROA % Related Terms

Thank you for viewing the detailed overview of Bloomin Brands's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Bloomin Brands (Bloomin Brands) Business Description

Traded in Other Exchanges
Address
2202 North West Shore Boulevard, Suite 500, Tampa, FL, USA, 33607
Bloomin Brands Inc operates as a casual dining restaurant company. The company's brand includes Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, and Fleming's Prime Steakhouse and Wine Bar. The company owns and operates its restaurants, and the remainder is franchised. It derives revenue mainly from the United States, but the company has a presence in Brazil and South Korea with company-owned Outbacks and Carrabbas. In addition, it also has exposure to several countries, predominantly in Asia, principally through franchising.
Executives
Rohit Lal director 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Lissette R Gonzalez officer: SVP, Global Supply Chain Offic 2202 N. WEST SHORE BLVD., SUITE 500, TAMAP FL 33607
Brett A Patterson officer: SVP, Pres Outback Steakhouse 2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
Mark E Graff officer: SVP, Development 2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
Astrid Isaacs officer: SVP, Chief Technology Officer 2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
Elizabeth A Smith director, officer: Chairman and CEO 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Gainor John P Jr director 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Julie T. Kunkel director 2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
David J. Deno officer: Executive Vice President & CFO 111 4TH AVENUE NORTH #503, MINNEAPOLIS MN 55402
Suzann Trevisan officer: Chief Human Resources Officer 2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
Melanie Marein-efron director C/O URBAN OUTFITTERS, INC., 5000 SOUTH BROAD STREET, PHILADELPHIA PA 19112
Philip J Pace officer: SVP, Chief Accounting Officer 2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
Kelly Lefferts officer: EVP, Chief Legal Officer 2202 N. WEST SHORE BLVD SUITE 500, TAMPA FL 33607
Gregg Scarlett officer: EVP & Pres. Bonefish Grill 2202 NORTH WEST SHORE BOULEVARD, TAMPA FL 33607
Lawrence V Jackson director C/O ASSURANT, INC., 28 LIBERTY ST., 41 F, NEW YORK NY 10005