Box Inc (BOX)
Operating return on assets (Operating ROA)
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | 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 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 79,634 | 82,862 | 70,830 | 60,425 | 50,753 | 49,299 | 51,286 | 44,551 | 36,840 | 16,964 | -7,489 | -16,739 | -27,626 | -30,738 | -22,265 | -23,665 | -37,642 | -62,945 | -99,564 | -128,331 |
| Total assets | US$ in thousands | 1,667,520 | 1,354,320 | 1,120,740 | 1,176,100 | 1,241,160 | 1,033,820 | 1,068,140 | 1,108,670 | 1,207,160 | 1,056,450 | 1,066,310 | 1,171,590 | 1,392,010 | 1,405,080 | 1,525,610 | 1,310,130 | 1,351,680 | 941,561 | 960,511 | 948,913 |
| Operating ROA | 4.78% | 6.12% | 6.32% | 5.14% | 4.09% | 4.77% | 4.80% | 4.02% | 3.05% | 1.61% | -0.70% | -1.43% | -1.98% | -2.19% | -1.46% | -1.81% | -2.78% | -6.69% | -10.37% | -13.52% |
January 31, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $79,634K ÷ $1,667,520K
= 4.78%
Operating Return on Assets (ROA) is a financial metric that indicates a company's efficiency in generating profits from its assets used in operations. For Box Inc, the operating ROA has shown fluctuations over the past few years.
From April 2020 to July 2022, Box Inc had negative operating ROA figures, indicating that the company was not effectively utilizing its assets to generate operating profits during this period. However, starting from October 2022, Box Inc's operating ROA turned positive, reflecting an improvement in the company's ability to generate profits from its operational assets.
The upward trend in operating ROA continued, reaching a peak of 6.32% in July 2024 before slightly decreasing to 4.78% in January 2025. This positive trend suggests that Box Inc has been more efficient in utilizing its assets to generate operating profits, which is a positive indicator of the company's operational performance.
In conclusion, Box Inc's operating ROA has shown significant improvement, transitioning from negative figures to positive values, indicating enhanced efficiency in generating profits from operational assets over the analyzed period.
Peer comparison
Jan 31, 2025