AZZ Incorporated (AZZ)
Return on assets (ROA)
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 128,833 | 122,887 | 116,174 | 109,087 | 98,007 | 91,171 | 43,739 | -42,163 | -46,608 | -32,413 | 9,214 | 85,762 | 84,022 | 78,560 | 77,178 | 56,410 | 39,614 | 12,811 | 15,143 | 32,491 |
| Total assets | US$ in thousands | 2,227,100 | 2,244,550 | 2,240,330 | 2,235,780 | 2,195,500 | 2,208,760 | 2,214,560 | 2,205,980 | 2,221,480 | 2,199,470 | 2,584,750 | 2,782,290 | 1,133,030 | 1,037,580 | 1,023,240 | 1,039,240 | 996,442 | 1,009,870 | 999,952 | 1,050,770 |
| ROA | 5.78% | 5.47% | 5.19% | 4.88% | 4.46% | 4.13% | 1.98% | -1.91% | -2.10% | -1.47% | 0.36% | 3.08% | 7.42% | 7.57% | 7.54% | 5.43% | 3.98% | 1.27% | 1.51% | 3.09% |
February 28, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $128,833K ÷ $2,227,100K
= 5.78%
ROA (Return on Assets) is a financial ratio that measures a company's efficiency in generating earnings from its assets. For AZZ Incorporated, the ROA has shown fluctuations over the period from May 31, 2020, to February 28, 2025.
Starting at 3.09% on May 31, 2020, the ROA declined to 1.51% by August 31, 2020, and further dropped to 1.27% by November 30, 2020. However, there was a noticeable recovery in ROA to 3.98% on February 28, 2021, followed by significant increases to 5.43% by May 31, 2021, 7.54% by August 31, 2021, and 7.57% by November 30, 2021.
The trend saw a slight decline to 7.42% on February 28, 2022, before dropping to 3.08% on May 31, 2022. Subsequently, there were significant decreases in ROA, reaching 0.36% on August 31, 2022, -1.47% on November 30, 2022, and -2.10% on February 28, 2023.
The company then experienced a recovery in its ROA, showing positive percentages from May 31, 2023, to February 28, 2025, with the ratio gradually increasing to 5.78% on February 28, 2025.
Overall, the ROA trend of AZZ Incorporated reflects periods of both positive and negative performance in generating earnings from its assets. It would be important to further analyze the company's financial statements and operational efficiency to understand the factors contributing to these fluctuations in ROA.
Peer comparison
Feb 28, 2025