Dycom Industries Inc (DY)

Return on assets (ROA)

		Jan 27, 2024	Jan 28, 2023	Jan 29, 2022	Jan 30, 2021	Jan 25, 2020
Net income	US$ in thousands	218,923	142,213	48,574	34,337	57,215
Total assets	US$ in thousands	2,516,880	2,313,250	2,118,220	1,944,160	2,217,630
ROA		8.70%	6.15%	2.29%	1.77%	2.58%

January 27, 2024 calculation

ROA = Net income ÷ Total assets
= $218,923K ÷ $2,516,880K
= 8.70%

Dycom Industries, Inc.'s return on assets (ROA) has shown a positive trend over the past five years. The ROA increased from 2.58% in January 2020 to 8.70% in January 2024. This improvement indicates that the company has been generating more profit relative to its total assets, reflecting efficient asset utilization and/or effective cost management. The consistent upward trajectory of Dycom Industries, Inc.'s ROA suggests enhanced operational performance and potential for sustained profitability going forward.

Peer comparison

Jan 27, 2024

Company name

Symbol

ROA

Dycom Industries Inc

8.70%