AZZ Incorporated (AZZ)
Operating return on assets (Operating ROA)
| Feb 28, 2025 | Feb 29, 2024 | Feb 28, 2023 | Feb 28, 2022 | Feb 28, 2021 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 236,364 | 221,600 | 102,885 | 66,278 | 36,041 |
| Total assets | US$ in thousands | 2,227,100 | 2,195,500 | 2,221,480 | 1,133,030 | 996,442 |
| Operating ROA | 10.61% | 10.09% | 4.63% | 5.85% | 3.62% |
February 28, 2025 calculation
Operating ROA = Operating income ÷ Total assets
= $236,364K ÷ $2,227,100K
= 10.61%
Based on the data provided, AZZ Incorporated's operating return on assets (operating ROA) has shown an increasing trend over the past five years.
- As of February 28, 2021, the operating ROA was 3.62%. This indicates that for every dollar of assets the company held, it generated a return of 3.62% through its operations.
- By February 28, 2022, the operating ROA had increased to 5.85%, reflecting an improvement in the company's operational efficiency in generating profits from its assets.
- The operating ROA experienced a slight decrease to 4.63% by February 28, 2023, but it still remained above the initial level in 2021.
- There was a significant jump in the operating ROA to 10.09% as of February 29, 2024, suggesting a substantial improvement in the company's ability to generate profits from its assets.
- The most recent data point, as of February 28, 2025, shows a further increase in the operating ROA to 10.61%, indicating continued positive momentum in the company's operational performance.
Overall, the trend of increasing operating ROA over the five-year period indicates that AZZ Incorporated has been effectively utilizing its assets to generate profits from its core operations. This improvement demonstrates positive operational efficiency and effectiveness in managing the company's resources to drive profitability.
Peer comparison
Feb 28, 2025