What is the Return on Assets (ROA) of UniFirst this year?
The Return on Assets (ROA) of UniFirst is 0.04 undefined this year.
UniFirst ROA 2024
UniFirst ROA
0.04
Ticker
UNF
ISIN
US9047081040
WKN
867982
In 2024, UniFirst's return on assets (ROA) was 0.04, a -5.28% increase from the 0.04 ROA in the previous year.
UniFirst Aktienanalyse
What does UniFirst do?
UniFirst Corp. is a leading company in the field of workwear and offers a wide range of products and services for businesses in North America. The company is based in Wilmington, Massachusetts and was founded in 1936 by Aldo Croatti and his family. History: UniFirst's history began during Aldo Croatti's time when he started producing uniforms for Ford Motor Company. In 1940, when America entered the war, the company began producing uniforms for the US military. Over time, the company expanded and began producing workwear for other industries as well. In the 1950s, the focus was placed on excellent customer service and individual customer care. With this approach, the company expanded and began producing uniforms for NASA programs in the 1960s. Business model: UniFirst's business model is the leasing and rental of workwear and the provision of laundry and cleanliness services for businesses. The company also offers branding and logo design services to ensure that customers project the right image with their clothing. UniFirst is also able to offer customized clothing for industries such as healthcare, food production, and firefighting products. Divisions: UniFirst is divided into three main divisions - uniforms and workwear, cleanliness services, and fire protection and security services. Uniform and workwear services are offered in a wide range of industries, including healthcare, food production, automotive industry, and more. Cleanliness services include a wide range of services such as mat cleaning, towels, and floor care. UniFirst also offers fire protection and security services and acts as a distributor for PPE products and fire extinguishers. Products: UniFirst offers a wide range of products, including workwear, work shoes, safety equipment, and more. The company also offers customized clothing and products to ensure that customers project the right image with their clothing. UniFirst is also able to offer specialized clothing and equipment for industries such as food production and healthcare. Customer service: UniFirst places great importance on excellent customer service and has a team of customer care representatives, suppliers, and management who deal with individual customer needs. The company ensures that the range of clothing and products is tailored to the specific needs of each customer. In addition, the company has an extensive network of service locations in North America to always provide customers with quick and timely support. Conclusion: Overall, UniFirst Corp is a leading company in the workwear industry and offers a wide range of products and services to ensure that customers project the right image with their clothing. The company places great importance on excellent customer service and is able to offer individual customer care. UniFirst is also able to offer specialized clothing and equipment for industries such as healthcare and food production. UniFirst ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding UniFirst's Return on Assets (ROA)
UniFirst's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing UniFirst's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider UniFirst's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in UniFirst’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about UniFirst stock
What was the ROA of UniFirst compared to the previous year?
The ROA of UniFirst has increased by -5.28% compared to the previous year.
What consequences do high ROA have for investors of UniFirst?
A high ROA is advantageous for investors of UniFirst, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in UniFirst?
A low ROA can be unfavorable for investors of UniFirst as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of UniFirst affect the company?
An increase in ROA of UniFirst can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of UniFirst impact the company?
A reduction in the ROA of UniFirst can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of UniFirst?
Some factors that can influence the ROA of UniFirst include revenue, operating costs, asset structure, and industry average.
Why is the ROA of UniFirst important for investors?
The ROA of UniFirst is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can UniFirst take to improve ROA?
To improve ROA, UniFirst can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
How much dividend does UniFirst pay?
Over the past 12 months, UniFirst paid a dividend of 1.26 USD . This corresponds to a dividend yield of about 0.74 %. For the coming 12 months, UniFirst is expected to pay a dividend of 1.31 USD.
What is the dividend yield of UniFirst?
The current dividend yield of UniFirst is 0.74 %.
When does UniFirst pay dividends?
UniFirst pays a quarterly dividend. This is distributed in the months of October, January, April, July.
How secure is the dividend of UniFirst?
UniFirst paid dividends every year for the past 24 years.
What is the dividend of UniFirst?
For the upcoming 12 months, dividends amounting to 1.31 USD are expected. This corresponds to a dividend yield of 0.78 %.
In which sector is UniFirst located?
UniFirst is assigned to the 'Industry' sector.
Wann musste ich die Aktien von UniFirst kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of UniFirst from 6/28/2024 amounting to 0.33 USD, you needed to have the stock in your portfolio before the ex-date on 6/7/2024.
When did UniFirst pay the last dividend?
The last dividend was paid out on 6/28/2024.
What was the dividend of UniFirst in the year 2023?
In the year 2023, UniFirst distributed 1.21 USD as dividends.
In which currency does UniFirst pay out the dividend?
The dividends of UniFirst are distributed in USD.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
Andere Kennzahlen von UniFirst
Our stock analysis for UniFirst Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of UniFirst Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
