Dycom Industries Inc (DY)
Operating return on assets (Operating ROA)
| Jan 31, 2025 | Jan 31, 2024 | Jan 27, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 3,376,850 | 486,085 | 94,282 | 220,740 | 4,183 |
| Total assets | US$ in thousands | 2,945,370 | 2,516,880 | 2,516,880 | 2,313,250 | 2,313,250 |
| Operating ROA | 114.65% | 19.31% | 3.75% | 9.54% | 0.18% |
January 31, 2025 calculation
Operating ROA = Operating income ÷ Total assets
= $3,376,850K ÷ $2,945,370K
= 114.65%
Based on the data provided, Dycom Industries Inc's operating return on assets (Operating ROA) has been fluctuating over the years. In January 2023, the Operating ROA was at a low of 0.18%, indicating that the company generated only a minimal amount of operating income relative to its total assets. However, there was a significant improvement in January 2024, with the Operating ROA increasing to 9.54%. This suggests that the company was able to generate a higher level of operating income compared to the previous year.
Subsequently, there was a slight decrease in the Operating ROA in January 2024 to 3.75%, which may indicate a temporary dip in operating efficiency or profitability. However, Dycom Industries Inc's performance improved significantly in January 2025, with the Operating ROA surging to 19.31%. This substantial increase could signal improved operational effectiveness or cost management during that period.
The most notable change occurred in January 2025, where the Operating ROA spiked to 114.65%, which is a remarkable improvement and suggests that Dycom Industries Inc experienced a significant boost in operating income relative to its total assets.
In conclusion, while Dycom Industries Inc's operating return on assets has shown fluctuations over the years, there have been instances of both improvement and decline. Monitoring this ratio over time can provide valuable insights into the company's operational performance and efficiency in utilizing its assets to generate operating income.
Peer comparison
Jan 31, 2025