Cavco Industries Inc (CVCO)
Return on assets (ROA)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 171,036 | 157,817 | 240,554 | 197,699 | 76,646 |
| Total assets | US$ in thousands | — | 1,354,160 | 1,307,980 | 1,154,970 | 951,833 |
| ROA | — | 11.65% | 18.39% | 17.12% | 8.05% |
March 31, 2025 calculation
ROA = Net income ÷ Total assets
= $171,036K ÷ $—K
= —
To analyze Cavco Industries Inc's return on assets (ROA) over the past few years:
1. The ROA for Cavco Industries Inc has shown a positive trend from March 31, 2021, to March 31, 2023, increasing from 8.05% to 18.39%. This significant increase indicates that the company has been more effective in generating profits relative to its total assets during this period.
2. However, there was a slight decrease in ROA from March 31, 2023, to March 31, 2024, with the ratio dropping to 11.65%. This dip may suggest a temporary decline in the company's efficiency in utilizing its assets to generate income.
3. Unfortunately, the data for March 31, 2025, is unavailable (marked as "\u2014"), making it challenging to provide a comprehensive analysis for that period. It is crucial for investors and stakeholders to obtain this missing information to assess the company's recent performance accurately.
Overall, Cavco Industries Inc has demonstrated an improvement in its return on assets over the analyzed period, with slight fluctuations in efficiency. Monitoring ROA trends can help in evaluating the company's operational efficiency and profitability in utilizing its assets to generate returns for shareholders.
Peer comparison
Mar 31, 2025