Analysis of Profitability Ratios
Quarterly Data
Profitability ratios measure the company ability to generate profitable sales from its resources (assets).
Profitability Ratios (Summary)
Booking Holdings Inc., profitability ratios (quarterly data)
Based on: 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).
The financial data displays several notable trends in profitability and efficiency metrics over the analyzed quarterly periods.
- Operating Profit Margin
- Initially, the operating profit margin exhibited negative values in early 2020, reaching its lowest points at -9.28% and -11.21%. This margin began to improve from late 2020 onwards, turning positive and increasing steadily throughout 2021 and 2022. The margin peaked around early 2023 close to 32.49%, showing consistent strength with slight fluctuations thereafter. This trend indicates a significant recovery and strengthening in operational efficiency over the period.
- Net Profit Margin
- Net profit margin followed a similar trajectory, starting near zero in early 2020 and showing erratic performance with sharp variations in 2020 and 2021. However, from 2021 onward, the margin stabilized and trended upward, reaching above 20% in early 2023. Slight declines were observed intermittently but overall, the margin maintained a strong positive level through 2024 and early 2025, suggesting improved bottom-line profitability.
- Return on Equity (ROE)
- The return on equity presented considerable volatility and exponential growth patterns over the periods provided. After modest positive values in 2020 and early 2021, ROE surged dramatically from mid-2021 to early 2023, peaking at an extremely high 374.67% in March 2023. This extraordinary increase may indicate substantial changes in equity structure, profitability improvements, or one-time factors affecting performance. However, data after early 2023 is unavailable for this metric, limiting assessment in subsequent quarters.
- Return on Assets (ROA)
- The return on assets steadily improved across the timeframe. Starting from a very low base near 0.27% in early 2020, ROA increased gradually with some transactional fluctuations, reaching double digits by late 2021 and continuing to rise into the teen percentages through 2023 and beyond. This upward trend demonstrates enhanced asset utilization and operational effectiveness over the periods analyzed, with slight variability in the later quarters.
In summary, the data reflects a company that has experienced a marked turnaround and strengthening in both operational and net profitability margins, alongside significant gains in asset efficiency. The exceptional ROE spike suggests an influential event or structural change around early 2023, although further data would be necessary to understand its sustainability. Overall, the financial metrics indicate improving performance and operational leverage over the analyzed quarterly periods.
Return on Sales
Return on Investment
Operating Profit Margin
Booking Holdings Inc., operating profit margin calculation (quarterly data)
| Mar 31, 2025 | 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 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||
| Operating income (loss) | 1,062) | 1,729) | 3,179) | 1,856) | 791) | 609) | 3,103) | 1,673) | 450) | 1,345) | 2,583) | 1,000) | 174) | 848) | 2,015) | (56) | (311) | (153) | 315) | (484) | (309) | |||||||
| Revenues | 4,762) | 5,471) | 7,994) | 5,859) | 4,415) | 4,784) | 7,341) | 5,462) | 3,778) | 4,049) | 6,052) | 4,294) | 2,695) | 2,981) | 4,676) | 2,160) | 1,141) | 1,238) | 2,640) | 630) | 2,288) | |||||||
| Profitability Ratio | ||||||||||||||||||||||||||||
| Operating profit margin1 | 32.49% | 31.83% | 27.92% | 28.39% | 28.07% | 27.31% | 31.85% | 31.29% | 29.59% | 29.85% | 28.74% | 27.56% | 23.83% | 22.78% | 16.22% | -2.86% | -11.21% | -9.28% | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Operating Profit Margin, Competitors2 | ||||||||||||||||||||||||||||
| Airbnb Inc. | 22.17% | 23.00% | 15.01% | 15.21% | 15.86% | 15.31% | 23.42% | 21.53% | 20.69% | 21.45% | 20.46% | 17.49% | 13.17% | 7.17% | — | — | — | — | — | — | — | |||||||
| Chipotle Mexican Grill Inc. | 17.01% | 16.94% | 16.97% | 16.75% | 15.99% | 15.78% | 15.63% | 15.42% | 14.89% | 13.44% | 12.15% | 11.36% | 10.65% | 10.67% | 10.61% | 9.22% | 6.02% | 4.85% | — | — | — | |||||||
| McDonald’s Corp. | 45.22% | 45.19% | 44.90% | 45.29% | 45.99% | 45.68% | 45.68% | 45.40% | 40.96% | 40.42% | 39.48% | 39.87% | 43.71% | 44.59% | 44.84% | 44.34% | 40.33% | 38.13% | — | — | — | |||||||
| Starbucks Corp. | 13.96% | 14.95% | 15.92% | 16.08% | 16.64% | 16.32% | 15.31% | 14.92% | 14.26% | 14.32% | 15.33% | 16.27% | 16.92% | 16.77% | 14.56% | 7.36% | 5.42% | 6.64% | 8.67% | 14.67% | 15.88% | |||||||
Based on: 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).
1 Q1 2025 Calculation
Operating profit margin = 100
× (Operating income (loss)Q1 2025
+ Operating income (loss)Q4 2024
+ Operating income (loss)Q3 2024
+ Operating income (loss)Q2 2024)
÷ (RevenuesQ1 2025
+ RevenuesQ4 2024
+ RevenuesQ3 2024
+ RevenuesQ2 2024)
= 100 × (1,062 + 1,729 + 3,179 + 1,856)
÷ (4,762 + 5,471 + 7,994 + 5,859)
= 32.49%
2 Click competitor name to see calculations.
The financial data over the reported periods indicate several notable trends in operating income, revenue, and operating profit margin.
- Operating Income (Loss)
- The operating income exhibited significant volatility initially, with losses recorded in early 2020 and the first quarter of 2021. A marked improvement is observed starting from the third quarter of 2021, where operating income turned positive and generally increased, reaching a peak in the fourth quarter of 2023. However, there are fluctuations in the subsequent quarters, with occasional decreases followed by rebounds. Overall, a positive and upward trajectory is evident after the first half of 2021.
- Revenues
- Revenue figures show a recovery trend following a low point in the second quarter of 2020. From that period onwards, the revenues mostly increased, with some quarter-to-quarter variability. The highest revenues were consistently recorded in the third quarters, suggesting possible seasonal influences. Despite some fluctuations, the revenue data indicate an overall growth trend, with revenues generally rising from 2021 through early 2025.
- Operating Profit Margin
- The operating profit margin data start being reported from the third quarter of 2020. Margins were negative in the initial quarters, reflecting operating losses. From the third quarter of 2021 onward, margins improved significantly and remained positive, generally exceeding 20% and often approaching or surpassing 30%. This improvement aligns with the increase in operating income and suggests enhanced operational efficiency and profitability over time.
In summary, the data reflect an initial period of financial challenges characterized by operating losses and lower revenues, followed by a strong recovery phase. The company achieved growing revenues and substantial improvements in operating income and profit margins. This positive momentum continued through to early 2025, although some fluctuations persist, indicating variability in quarterly performance.
Net Profit Margin
Booking Holdings Inc., net profit margin calculation (quarterly data)
| Mar 31, 2025 | 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 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||
| Net income (loss) | 333) | 1,068) | 2,517) | 1,521) | 776) | 222) | 2,511) | 1,290) | 266) | 1,235) | 1,666) | 857) | (700) | 618) | 769) | (167) | (55) | (165) | 801) | 122) | (699) | |||||||
| Revenues | 4,762) | 5,471) | 7,994) | 5,859) | 4,415) | 4,784) | 7,341) | 5,462) | 3,778) | 4,049) | 6,052) | 4,294) | 2,695) | 2,981) | 4,676) | 2,160) | 1,141) | 1,238) | 2,640) | 630) | 2,288) | |||||||
| Profitability Ratio | ||||||||||||||||||||||||||||
| Net profit margin1 | 22.58% | 24.78% | 21.85% | 22.46% | 21.81% | 20.07% | 25.70% | 23.04% | 22.14% | 17.89% | 15.24% | 10.54% | 4.16% | 10.63% | 4.15% | 5.77% | 12.44% | 0.87% | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Net Profit Margin, Competitors2 | ||||||||||||||||||||||||||||
| Airbnb Inc. | 22.60% | 23.85% | 16.96% | 46.11% | 48.23% | 48.32% | 56.87% | 25.31% | 23.30% | 22.54% | 20.29% | 16.91% | 12.12% | -5.88% | — | — | — | — | — | — | — | |||||||
| Chipotle Mexican Grill Inc. | 13.59% | 13.56% | 13.51% | 13.23% | 12.70% | 12.45% | 12.27% | 12.00% | 11.49% | 10.41% | 9.61% | 9.28% | 8.74% | 8.65% | 9.88% | 8.57% | 6.44% | 5.94% | — | — | — | |||||||
| McDonald’s Corp. | 31.75% | 31.72% | 31.79% | 32.25% | 33.36% | 33.22% | 33.31% | 33.06% | 29.36% | 26.65% | 25.41% | 25.77% | 29.93% | 32.49% | 32.33% | 31.72% | 26.31% | 24.63% | — | — | — | |||||||
| Starbucks Corp. | 9.73% | 10.40% | 11.16% | 11.38% | 11.70% | 11.46% | 10.80% | 10.46% | 10.09% | 10.18% | 13.03% | 14.07% | 14.47% | 14.45% | 10.43% | 4.18% | 2.87% | 3.95% | 5.56% | 12.71% | 13.81% | |||||||
Based on: 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).
1 Q1 2025 Calculation
Net profit margin = 100
× (Net income (loss)Q1 2025
+ Net income (loss)Q4 2024
+ Net income (loss)Q3 2024
+ Net income (loss)Q2 2024)
÷ (RevenuesQ1 2025
+ RevenuesQ4 2024
+ RevenuesQ3 2024
+ RevenuesQ2 2024)
= 100 × (333 + 1,068 + 2,517 + 1,521)
÷ (4,762 + 5,471 + 7,994 + 5,859)
= 22.58%
2 Click competitor name to see calculations.
- Net Income (Loss)
- The net income figures exhibit significant fluctuations over the observed periods. Initial quarters show volatile performance with a net loss of $699 million in March 2020 and positive net incomes in some subsequent quarters. There is a notable recovery and growth in net income starting from early 2022, reaching peaks above $2.5 billion in several quarters such as September 2023 and December 2024. However, occasional decreases are observed, including a sharp decline to $222 million in December 2023 and other moderate dips in some quarters. Overall, the trend indicates a strong growth trajectory in profitability with some variability quarter to quarter.
- Revenues
- Revenues demonstrate a generally upward trend with some seasonal variation. Starting from $2.29 billion in March 2020, the revenues dropped to $630 million in June 2020—likely reflecting external factors affecting the business environment at that time—then steadily increased in subsequent quarters. From 2021 onwards, revenues mostly exhibit consistent growth, peaking at $7.99 billion in September 2024. There are typical quarterly fluctuations present but the broad pattern is a positive growth trend over the multi-year horizon.
- Net Profit Margin
- Net profit margin data, available from late 2020 onwards, shows a general improvement trend. Initial values in late 2020 range below 1%, but margins increase substantially in subsequent years, consistently remaining above 10% starting in the second quarter of 2021. Margins peak above 25% in some quarters of 2023 and 2024, indicating improving operational efficiency and profitability relative to revenues. This sustained increase reflects strengthening profitability even as revenues and net incomes grow.
- Overall Observations
- The financial data indicates recovery from early 2020 disruptions with a steady increase in revenue and net income over time. Profitability metrics improve in parallel, with net profit margins rising significantly throughout the period. Some quarter-to-quarter volatility is evident, which may be attributable to seasonal effects or external conditions impacting business activities. Nonetheless, the overall trajectory reflects strengthening financial health and enhanced profitability in the latter part of the timeline.
Return on Equity (ROE)
Booking Holdings Inc., ROE calculation (quarterly data)
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||
| Net income (loss) | 333) | 1,068) | 2,517) | 1,521) | 776) | 222) | 2,511) | 1,290) | 266) | 1,235) | 1,666) | 857) | (700) | 618) | 769) | (167) | (55) | (165) | 801) | 122) | (699) | |||||||
| Stockholders’ equity (deficit) | (6,112) | (4,020) | (3,653) | (4,276) | (4,052) | (2,744) | (625) | (665) | 1,074) | 2,782) | 3,670) | 4,002) | 4,373) | 6,178) | 5,545) | 4,799) | 4,764) | 4,893) | 4,913) | 3,999) | 3,831) | |||||||
| Profitability Ratio | ||||||||||||||||||||||||||||
| ROE1 | — | — | — | — | — | — | — | — | 374.67% | 109.92% | 66.51% | 38.58% | 11.89% | 18.86% | 6.89% | 8.63% | 14.76% | 1.21% | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| ROE, Competitors2 | ||||||||||||||||||||||||||||
| Airbnb Inc. | 31.98% | 31.48% | 21.65% | 60.53% | 62.55% | 58.69% | 59.85% | 45.46% | 38.34% | 34.05% | 29.40% | 23.80% | 16.92% | -7.37% | — | — | — | — | — | — | — | |||||||
| Chipotle Mexican Grill Inc. | 44.73% | 41.97% | 41.08% | 37.99% | 38.57% | 40.13% | 40.55% | 40.27% | 41.60% | 37.97% | 34.75% | 35.10% | 32.06% | 28.42% | 30.74% | 26.97% | 19.38% | 17.61% | — | — | — | |||||||
| McDonald’s Corp. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Starbucks Corp. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).
1 Q1 2025 Calculation
ROE = 100
× (Net income (loss)Q1 2025
+ Net income (loss)Q4 2024
+ Net income (loss)Q3 2024
+ Net income (loss)Q2 2024)
÷ Stockholders’ equity (deficit)
= 100 × (333 + 1,068 + 2,517 + 1,521)
÷ -6,112 = —
2 Click competitor name to see calculations.
- Net Income (Loss) Trends
- The net income shows significant fluctuations throughout the analyzed periods. Initially, there is a negative net income of -699 million USD in the first quarter of 2020, followed by improvements leading to positive values such as 801 million USD in the third quarter of 2020. However, some quarters revert to losses, notably in the first quarter of 2022 with -700 million USD and again in recent quarters, indicating inconsistency in profitability. The latest quarters show recovery and positive net incomes with values reaching over 2.5 billion USD in some instances, demonstrating an overall upward trend in net profitability towards the end of the timeline.
- Stockholders’ Equity (Deficit) Patterns
- Stockholders' equity exhibits a declining trend over the reported periods. After starting at 3.8 billion USD in the first quarter of 2020, equity peaked around 6.2 billion USD by the end of 2021. Since then, there has been a notable downward trajectory, with equity turning negative from the first quarter of 2023 onward, reaching a deficit of over -6 billion USD by the first quarter of 2025. This indicates increasing accumulated losses or other factors reducing equity, which may be a concern for the financial stability of the entity.
- Return on Equity (ROE) Insights
- Return on equity information is sparse but indicates variability. The ROE percentage begins with moderate single-digit values, rising sharply in later periods to extremely high figures above 100% and even exceeding 300%. Such high ROE values typically coincide with low or negative equity figures, suggesting that the ROE metric may be distorted due to the declining equity base rather than purely improved profitability. The absence of data in some quarters limits a full assessment, but given the trends, this ratio should be interpreted cautiously.
- Overall Financial Position and Profitability
- The data depicts a company experiencing volatile profitability with frequent fluctuations between losses and gains. While recent profits are high, the substantial decline and negative position in stockholders’ equity reflect underlying challenges, possibly from cumulative losses or significant liabilities. The elevated ROE figures, driven by reduced equity, do not necessarily represent sustainable financial performance. The overall trend suggests recovery in earnings but deteriorating net asset value, which warrants further investigation into the causes and sustainability of profits relative to the declining equity base.
Return on Assets (ROA)
Booking Holdings Inc., ROA calculation (quarterly data)
| Mar 31, 2025 | 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 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||
| Net income (loss) | 333) | 1,068) | 2,517) | 1,521) | 776) | 222) | 2,511) | 1,290) | 266) | 1,235) | 1,666) | 857) | (700) | 618) | 769) | (167) | (55) | (165) | 801) | 122) | (699) | |||||||
| Total assets | 27,191) | 27,708) | 27,978) | 28,541) | 27,728) | 24,342) | 25,635) | 26,558) | 25,206) | 25,361) | 22,063) | 24,493) | 22,384) | 23,641) | 23,341) | 23,881) | 23,655) | 21,874) | 22,145) | 20,912) | 17,862) | |||||||
| Profitability Ratio | ||||||||||||||||||||||||||||
| ROA1 | 20.00% | 21.23% | 18.00% | 17.62% | 17.31% | 17.62% | 20.68% | 16.78% | 15.96% | 12.06% | 11.06% | 6.30% | 2.32% | 4.93% | 1.64% | 1.73% | 2.97% | 0.27% | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| ROA, Competitors2 | ||||||||||||||||||||||||||||
| Airbnb Inc. | 10.13% | 12.63% | 8.29% | 18.40% | 20.13% | 23.21% | 25.47% | 10.85% | 10.13% | 11.80% | 10.13% | 6.55% | 4.70% | -2.57% | — | — | — | — | — | — | — | |||||||
| Chipotle Mexican Grill Inc. | 17.26% | 16.67% | 16.47% | 15.81% | 15.41% | 15.27% | 14.79% | 14.75% | 14.64% | 12.98% | 11.86% | 11.55% | 10.58% | 9.81% | 10.72% | 9.28% | 6.61% | 5.95% | — | — | — | |||||||
| McDonald’s Corp. | 14.49% | 14.90% | 14.68% | 15.44% | 16.06% | 15.08% | 16.00% | 15.86% | 13.22% | 12.25% | 12.19% | 12.35% | 13.98% | 14.01% | 13.81% | 13.29% | 10.10% | 8.99% | — | — | — | |||||||
| Starbucks Corp. | 11.03% | 12.00% | 13.52% | 14.16% | 14.71% | 14.01% | 13.17% | 12.43% | 11.75% | 11.73% | 14.80% | 15.19% | 15.24% | 13.38% | 9.59% | 3.51% | 2.22% | 3.16% | 4.59% | 12.33% | 13.43% | |||||||
Based on: 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).
1 Q1 2025 Calculation
ROA = 100
× (Net income (loss)Q1 2025
+ Net income (loss)Q4 2024
+ Net income (loss)Q3 2024
+ Net income (loss)Q2 2024)
÷ Total assets
= 100 × (333 + 1,068 + 2,517 + 1,521)
÷ 27,191 = 20.00%
2 Click competitor name to see calculations.
- Net Income (Loss)
- The net income figures exhibit notable variability across the quarters. The initial quarter shows a significant loss of 699 million USD, followed by a recovery and positive net income in subsequent quarters, with fluctuations evident throughout the timeline. Notably, peak net income values appear in the quarters ending September 2022 (1666 million USD) and September 2023 (2511 million USD). However, there are recurring quarters with negative or substantially lower net income, such as March 2022 (-700 million USD) and December 2023 (222 million USD). The overall trend suggests a general recovery in profitability with periods of volatility.
- Total Assets
- Total assets display a gradual upward trend from the beginning period, increasing from around 17,862 million USD to peak values near 28,541 million USD in mid-2024. Some fluctuations are observed, including a slight decline after peaks; however, assets generally grow over the observed intervals. This growth in total assets suggests expansion or accumulation in the company's asset base over the reviewed timeframe.
- Return on Assets (ROA)
- Return on assets begins to be reported from the quarter ending December 2020, showing a positive and improving trend from 0.27% to a peak of approximately 21.23% by March 2025. This reflects a continuous improvement in the efficiency of asset utilization and profitability over time. The ROA values indicate enhanced financial performance and operational effectiveness, with significant gains especially apparent in the latest reported periods.