American Woodmark Corporation (AMWD)
Operating return on assets (Operating ROA)
| Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 161,394 | 162,921 | 158,860 | 155,378 | 136,352 | 115,621 | 97,021 | 60,549 | 36,159 | 39,328 | 64,389 | 94,923 | 114,738 | 116,582 | 123,190 | 131,565 | 143,892 | 147,009 | 145,586 | 141,694 |
| Total assets | US$ in thousands | 1,593,860 | 1,573,840 | 1,534,100 | 1,530,630 | 1,518,800 | 1,564,370 | 1,651,030 | 1,646,210 | 1,632,500 | 1,591,680 | 1,595,740 | 1,589,580 | 1,654,400 | 1,656,870 | 1,672,880 | 1,667,440 | 1,593,830 | 1,598,660 | 1,623,420 | 1,529,930 |
| Operating ROA | 10.13% | 10.35% | 10.36% | 10.15% | 8.98% | 7.39% | 5.88% | 3.68% | 2.21% | 2.47% | 4.04% | 5.97% | 6.94% | 7.04% | 7.36% | 7.89% | 9.03% | 9.20% | 8.97% | 9.26% |
April 30, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $161,394K ÷ $1,593,860K
= 10.13%
American Woodmark Corporation's operating return on assets (operating ROA) has shown some fluctuations over the past few quarters. The operating ROA has generally been on an upward trend, starting at 8.97% in July 2019 and peaking at 10.36% in October 2023. This indicates an improvement in the company's ability to generate profits from its assets over time.
However, there were periods of slight declines in the operating ROA, such as the decrease from 10.36% in October 2023 to 10.13% in April 2024. It is essential to monitor these fluctuations as they might signify changes in the company's operational efficiency and profitability.
Overall, American Woodmark Corporation's operating ROA has remained relatively robust, indicating that the company has been effectively using its assets to generate operating income. Investors and stakeholders should continue to monitor this ratio to assess the company's ongoing performance and financial health.