Box Inc (BOX)
Return on assets (ROA)
Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 201,567 | 129,032 | 26,783 | -41,459 | -43,433 |
Total assets | US$ in thousands | 1,667,520 | 1,241,160 | 1,207,160 | 1,392,010 | 1,351,680 |
ROA | 12.09% | 10.40% | 2.22% | -2.98% | -3.21% |
January 31, 2025 calculation
ROA = Net income ÷ Total assets
= $201,567K ÷ $1,667,520K
= 12.09%
Box Inc's return on assets (ROA) has shown a mixed performance over the past five years. The company experienced negative ROA figures in 2021 and 2022, indicating a struggle to generate profit relative to its total assets during those periods. However, there was a notable turnaround in 2023, with ROA jumping to 2.22%, suggesting improved efficiency in utilizing its assets to generate profits.
The trend continued positively in the subsequent years, with ROA increasing significantly to 10.40% in 2024 and further to 12.09% in 2025. These higher ROA figures indicate that Box Inc has been able to enhance its profitability relative to its total assets, potentially through effective cost management, revenue growth, or asset optimization strategies.
Overall, Box Inc's ROA has shown a positive trajectory in recent years, reflecting improved operational efficiency and profitability levels. This trend suggests that the company is effectively utilizing its assets to generate returns for its stakeholders.
Peer comparison
Jan 31, 2025