Dycom Industries Inc (DY)
Operating return on assets (Operating ROA)
| Oct 26, 2024 | Jul 27, 2024 | Apr 27, 2024 | Jan 27, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 24, 2020 | Jul 25, 2020 | Apr 25, 2020 | Jan 25, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 228,071 | 270,599 | 267,944 | 263,462 | 254,193 | 215,818 | 200,710 | 164,557 | 117,596 | 96,311 | 71,425 | 198,662 | 199,004 | 217,447 | 244,315 | 24,730 | 23,941 | 726,543 | 1,447,480 | 2,255,149 |
| Total assets | US$ in thousands | 3,114,700 | 2,779,400 | 2,611,610 | 2,516,880 | 2,664,160 | 2,395,600 | 2,311,720 | 2,313,250 | 2,305,300 | 2,206,370 | 2,132,110 | 2,118,220 | 2,204,700 | 2,241,850 | 2,263,020 | 1,944,160 | 2,065,060 | 2,144,690 | 2,812,860 | 2,217,630 |
| Operating ROA | 7.32% | 9.74% | 10.26% | 10.47% | 9.54% | 9.01% | 8.68% | 7.11% | 5.10% | 4.37% | 3.35% | 9.38% | 9.03% | 9.70% | 10.80% | 1.27% | 1.16% | 33.88% | 51.46% | 101.69% |
October 26, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $228,071K ÷ $3,114,700K
= 7.32%
The operating return on assets (operating ROA) for Dycom Industries Inc has varied over the period being analyzed, ranging from a low of 1.16% on Jan 25, 2020, to a high of 101.69% on Jan 25, 2020. The operating ROA started at a relatively low 1.27% on Oct 24, 2020, showing a significant increase by Jul 25, 2020, reaching 51.46%. This high profitability level was maintained until Jan 30, 2021, when it reached 33.88%.
Subsequently, the operating ROA experienced a notable decline to a low of 1.16% on Jan 30, 2021. However, the company saw a steady overall improvement in profitability starting from 5.10% on Oct 29, 2022, to a peak of 10.47% on Jan 27, 2024. The operating ROA has generally shown a positive trend, fluctuating within a range from 3.35% to 10.47% in the period under review.
The company's ability to generate operating income from its assets has generally improved over time, indicating efficient asset utilization and effective management in generating profits. Despite some fluctuations, the overall trend suggests that Dycom Industries Inc has demonstrated resilience and a capacity for profitability within the period analyzed.
Peer comparison
Oct 26, 2024