Cavco Industries Inc (CVCO)
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 | 190,276 | 178,982 | 184,786 | 202,496 | 88,825 |
| Total assets | US$ in thousands | — | 1,354,160 | 1,307,980 | 1,154,970 | 951,833 |
| Operating ROA | — | 13.22% | 14.13% | 17.53% | 9.33% |
March 31, 2025 calculation
Operating ROA = Operating income ÷ Total assets
= $190,276K ÷ $—K
= —
Cavco Industries Inc's operating return on assets (Operating ROA) has shown a fluctuating trend over the provided years. The Operating ROA increased from 9.33% as of March 31, 2021, to 17.53% as of March 31, 2022, indicating an improvement in the company's ability to generate operating income from its assets. However, in the subsequent years, there was a slight decline in the Operating ROA to 14.13% as of March 31, 2023, and further to 13.22% as of March 31, 2024.
It is notable that the Operating ROA for March 31, 2025, is unavailable in the provided data. This might signify a change in reporting practices or information availability. Overall, the company has demonstrated efficiency in generating operating income relative to its assets, although the decreasing trend in recent years warrants further investigation to understand the underlying reasons and implications for the company's financial performance.
Peer comparison
Mar 31, 2025