Dycom Industries Inc (DY)
Return on assets (ROA)
Jan 31, 2025 | Jan 31, 2024 | Jan 27, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 233,413 | 218,923 | 218,923 | 142,213 | 142,213 |
Total assets | US$ in thousands | 2,945,370 | 2,516,880 | 2,516,880 | 2,313,250 | 2,313,250 |
ROA | 7.92% | 8.70% | 8.70% | 6.15% | 6.15% |
January 31, 2025 calculation
ROA = Net income ÷ Total assets
= $233,413K ÷ $2,945,370K
= 7.92%
The return on assets (ROA) for Dycom Industries Inc shows a consistent improvement over the past few years, starting at 6.15% in January 2023 and remaining steady at this level until January 27, 2024. Thereafter, there was a notable increase to 8.70% as of January 31, 2024, indicating a strong performance in utilizing its assets to generate profits. However, by January 31, 2025, the ROA decreased slightly to 7.92%, suggesting a potential decrease in efficiency in generating profits relative to its assets compared to the previous year. Overall, Dycom Industries Inc has shown positive trends in ROA over the analyzed period, with minor fluctuations that may require further investigation to understand their underlying causes.
Peer comparison
Jan 31, 2025