CSW Industrials, Inc. (CSW)
Operating return on assets (Operating ROA)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 181,248 | 159,118 | 139,066 | 97,380 | 59,470 |
| Total assets | US$ in thousands | 1,379,060 | 1,043,330 | 1,043,450 | 995,360 | 874,957 |
| Operating ROA | 13.14% | 15.25% | 13.33% | 9.78% | 6.80% |
March 31, 2025 calculation
Operating ROA = Operating income ÷ Total assets
= $181,248K ÷ $1,379,060K
= 13.14%
The operating return on assets (operating ROA) of CSW Industrials, Inc. has demonstrated a consistent upward trend over the observed period from March 31, 2021, to March 31, 2024, followed by a slight decline in the subsequent year. Specifically, the operating ROA increased from 6.80% as of March 31, 2021, to 9.78% in 2022, indicating improvements in operational efficiency and asset utilization. This upward trajectory continued into 2023, reaching 13.33%, further signifying enhanced profitability derived from core operations relative to total assets. The growth persisted into 2024, with the operating ROA reaching 15.25%, which suggests a period of strong operational performance and possibly better cost management or higher-margin product lines.
However, in the fiscal year ending March 31, 2025, the operating ROA declined to 13.14%, reflecting a slight reduction in operational efficiency or margin compression. This decrease might indicate increased costs, competitive pressures, or other operational challenges impacting the company's ability to generate returns from its asset base at the same level as the previous year.
Overall, the company's operating ROA trend demonstrates substantial improvement over the prior two years, signifying enhanced operational profitability relative to assets. The dip in the most recent fiscal year warrants attention to underlying factors affecting operational performance, but the overall trajectory remains positive, pointing toward a period of effective asset deployment and operational strength during the observed timeframe.
Peer comparison
Mar 31, 2025