Dycom Industries Inc (DY)
Operating return on assets (Operating ROA)
| Jan 31, 2025 | Oct 31, 2024 | Oct 26, 2024 | Jul 31, 2024 | Jul 27, 2024 | Apr 30, 2024 | Apr 27, 2024 | Jan 31, 2024 | Jan 27, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 320,589 | 298,521 | 277,731 | 284,107 | 176,309 | 305,784 | 342,722 | 378,874 | 405,556 | 273,426 | 232,932 | 192,298 | 165,919 | 288,780 | 288,583 | 290,842 | 313,355 | 175,386 | 127,460 | 112,744 |
| Total assets | US$ in thousands | 2,945,370 | 3,114,700 | 3,114,700 | 2,779,400 | 2,779,400 | 2,611,610 | 2,611,610 | 2,516,880 | 2,516,880 | 2,664,160 | 2,664,160 | 2,395,600 | 2,395,600 | 2,311,720 | 2,311,720 | 2,313,250 | 2,313,250 | 2,305,300 | 2,305,300 | 2,206,370 |
| Operating ROA | 10.88% | 9.58% | 8.92% | 10.22% | 6.34% | 11.71% | 13.12% | 15.05% | 16.11% | 10.26% | 8.74% | 8.03% | 6.93% | 12.49% | 12.48% | 12.57% | 13.55% | 7.61% | 5.53% | 5.11% |
January 31, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $320,589K ÷ $2,945,370K
= 10.88%
Operating return on assets (Operating ROA) is a key financial ratio that provides insight into a company's ability to generate profits from its operational activities relative to its total assets. Dycom Industries Inc's Operating ROA has shown fluctuation over the reported periods, ranging from 5.11% in July 2022 to 10.88% in January 2025.
The trend in Dycom Industries Inc's Operating ROA indicates variability in the efficiency of the company's asset utilization and operational profitability. The ratio experienced a noticeable increase from 5.11% in July 2022 to 13.55% in January 2023, suggesting an improvement in operational performance during that period. Subsequently, the ratio remained relatively stable, hovering around the 12% mark for several reporting periods, indicating a consistent ability to generate returns from its assets.
However, there were fluctuations in the subsequent periods, with Operating ROA declining to 6.34% in July 2024 before rebounding to 10.88% in January 2025. These fluctuations may reflect changing market conditions, operational challenges, or strategic decisions undertaken by Dycom Industries Inc during these periods.
Overall, the data indicates that Dycom Industries Inc has demonstrated the ability to effectively utilize its assets to generate operating profits, with some variations in performance over the reported periods. Investors and analysts should continue to monitor the company's Operating ROA to assess its operational efficiency and profitability trends.
Peer comparison
Jan 31, 2025