DXP Enterprises Inc (DXPE)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 146,724 | 138,020 | 134,268 | 133,896 | 118,867 | 112,014 | 102,697 | 83,218 | 82,545 | 66,404 | 51,050 | 47,820 | 39,761 | 28,476 | -23,555 | -31,573 | -26,870 | -16,436 | 46,127 | 62,221 |
| Total assets | US$ in thousands | 1,349,490 | 1,231,440 | 1,189,150 | 1,184,160 | 1,177,440 | 1,045,100 | 1,034,430 | 1,053,160 | 1,037,280 | 996,075 | 984,890 | 902,315 | 906,192 | 912,957 | 902,397 | 869,482 | 851,861 | 736,718 | 783,130 | 791,691 |
| Operating ROA | 10.87% | 11.21% | 11.29% | 11.31% | 10.10% | 10.72% | 9.93% | 7.90% | 7.96% | 6.67% | 5.18% | 5.30% | 4.39% | 3.12% | -2.61% | -3.63% | -3.15% | -2.23% | 5.89% | 7.86% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $146,724K ÷ $1,349,490K
= 10.87%
DXP Enterprises Inc's operating return on assets (ROA) has shown fluctuations over the past few years. Initially, the company's operating ROA was positive, starting at 7.86% on March 31, 2020, then decreasing to 5.89% by June 30, 2020. However, there was a significant decline in performance, with negative operating ROA figures recorded from September 30, 2020, through to March 31, 2021.
From June 30, 2021, the operating ROA started to show signs of improvement, turning positive again at 3.12% on September 30, 2021, and gradually increasing over the following quarters. By December 31, 2024, the operating ROA had reached 10.87%, showing a positive trend overall.
The consistent improvement in operating ROA from September 30, 2021, through December 31, 2024, indicates that DXP Enterprises Inc's operational efficiency and asset utilization have been on an upward trajectory, reflecting positively on the company's profitability and potential for generating returns from its assets.
Peer comparison
Dec 31, 2024