DXP Enterprises Inc (DXPE)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 70,467 | 65,132 | 60,203 | 62,564 | 58,386 | 49,534 | 47,291 | 42,670 | 48,158 | 41,886 | 35,082 | 28,771 | 16,469 | 13,675 | -28,116 | -34,096 | -28,726 | -24,638 | 23,137 | 34,454 |
| 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 |
| ROA | 5.22% | 5.29% | 5.06% | 5.28% | 4.96% | 4.74% | 4.57% | 4.05% | 4.64% | 4.21% | 3.56% | 3.19% | 1.82% | 1.50% | -3.12% | -3.92% | -3.37% | -3.34% | 2.95% | 4.35% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $70,467K ÷ $1,349,490K
= 5.22%
The return on assets (ROA) of DXP Enterprises Inc has shown fluctuating trends over the reporting periods from March 31, 2020, to December 31, 2024.
Initially, the ROA was positive, reaching a high point of 4.35% on March 31, 2020. However, it started to decline in subsequent periods, turning negative in September 30, 2020, and remaining negative through March 31, 2021. This negative trend may indicate inefficiencies in asset utilization or declining profitability.
Subsequently, there was a gradual improvement in ROA, turning positive again on September 30, 2021, and showing a steady increase through December 31, 2024, reaching a peak of 5.29% on September 30, 2024, before slightly decreasing to 5.22% on December 31, 2024.
Overall, the recent positive trend in ROA is a positive indicator of the company's improving ability to generate profits from its assets. However, it would be essential to monitor future periods to ensure this trend is sustained and evaluate the effectiveness of asset management strategies implemented by DXP Enterprises Inc.
Peer comparison
Dec 31, 2024