Apogee Enterprises Inc (APOG)
Operating return on assets (Operating ROA)
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Mar 2, 2024 | Feb 29, 2024 | Nov 30, 2023 | Nov 25, 2023 | Aug 31, 2023 | Aug 26, 2023 | May 31, 2023 | May 27, 2023 | Feb 28, 2023 | Feb 25, 2023 | Nov 30, 2022 | Nov 26, 2022 | Aug 31, 2022 | Aug 27, 2022 | May 31, 2022 | May 28, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 119,232 | 134,963 | 140,603 | 136,285 | 131,429 | 150,116 | 156,400 | 152,520 | 148,640 | 133,826 | 119,012 | 120,006 | 121,000 | 127,333 | 133,666 | 132,121 | 130,576 | 88,722 | 48,011 | 32,505 |
| Total assets | US$ in thousands | 1,175,270 | 1,180,520 | 917,092 | 888,979 | 884,064 | 884,064 | 894,855 | 894,855 | 908,579 | 908,579 | 921,199 | 921,199 | 915,365 | 915,365 | 918,446 | 918,446 | 948,974 | 948,974 | 906,950 | 906,950 |
| Operating ROA | 10.15% | 11.43% | 15.33% | 15.33% | 14.87% | 16.98% | 17.48% | 17.04% | 16.36% | 14.73% | 12.92% | 13.03% | 13.22% | 13.91% | 14.55% | 14.39% | 13.76% | 9.35% | 5.29% | 3.58% |
February 28, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $119,232K ÷ $1,175,270K
= 10.15%
The operating return on assets (operating ROA) for Apogee Enterprises Inc has shown a fluctuating trend over the historical period indicated in the data.
From May 28, 2022, to February 28, 2023, the operating ROA increased steadily from 3.58% to 13.22%, reflecting an improvement in the company's ability to generate operating profit from its assets.
Between May 27, 2023, and November 30, 2024, the operating ROA remained relatively stable, fluctuating within a range of 12.92% to 15.33%. This suggests that Apogee Enterprises Inc maintained a consistent level of operational efficiency in utilizing its assets to generate earnings during this period.
However, a notable decline in operating ROA is observed from November 30, 2024, to February 28, 2025, where it decreased from 11.43% to 10.15%. This decline could indicate potential challenges in maintaining profitability relative to the level of assets employed by the company during this period.
Overall, while the operating ROA of Apogee Enterprises Inc has displayed some variability, indicating fluctuations in the company's operational efficiency and profitability over time, it is important for stakeholders to monitor closely to assess the company's performance and sustainability in utilizing its assets effectively to generate returns.