Apogee Enterprises Inc (APOG)
Operating return on assets (Operating ROA)
| Feb 28, 2025 | Mar 2, 2024 | Feb 29, 2024 | Feb 28, 2023 | Feb 25, 2023 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 118,110 | 133,833 | 133,833 | 125,788 | 125,788 |
| Total assets | US$ in thousands | 1,175,270 | 884,064 | 884,064 | 915,365 | 915,365 |
| Operating ROA | 10.05% | 15.14% | 15.14% | 13.74% | 13.74% |
February 28, 2025 calculation
Operating ROA = Operating income ÷ Total assets
= $118,110K ÷ $1,175,270K
= 10.05%
Apogee Enterprises Inc's operating return on assets (ROA) has been fairly consistent around the 13-15% range in the years 2023 and 2024. This indicates that the company is efficiently generating profits from its operating activities in relation to the assets it has deployed. However, there was a slight decline in operating ROA to 10.05% as of February 28, 2025. This drop may suggest a potential decrease in the company's operational efficiency or profitability compared to the previous periods. Further analysis is recommended to understand the factors contributing to this change and to assess the company's overall financial health.