Dycom Industries Inc (DY)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 240,648 | 276,378 | 269,143 | 261,908 | 216,926 | 171,944 | 193,126 | 214,308 | 251,136 | 287,964 | 255,751 | 223,538 | 188,101 | 152,664 | 155,153 | 157,642 | 176,689 | 195,736 | 161,260 | 108,042 |
| 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 |
| ROA | 8.17% | 8.87% | 8.64% | 9.42% | 7.80% | 6.58% | 7.39% | 8.51% | 9.98% | 10.81% | 9.60% | 9.33% | 7.85% | 6.60% | 6.71% | 6.81% | 7.64% | 8.49% | 7.00% | 4.90% |
January 31, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $240,648K ÷ $2,945,370K
= 8.17%
The return on assets (ROA) of Dycom Industries Inc has shown a fluctuating trend over the past few years, based on the provided data. The ROA started at 4.90% in July 2022 and experienced some variability before reaching a peak of 10.81% in October 2023. Subsequently, the ROA exhibited a downward trend, hitting a low of 6.58% in April 2024. However, there was a slight increase to 8.87% in October 2024, followed by a slight drop to 8.17% in January 2025.
Overall, Dycom Industries Inc has generally maintained a moderate to high level of return on assets during this period, indicating the company's ability to generate profit relative to its total assets. However, the fluctuation in the ROA suggests potential changes in asset utilization efficiency, profitability, or a combination of both factors in the company's operations. Further analysis of the company's financial performance and operational strategies would be beneficial to understand the drivers behind the variations in ROA and assess the company's overall financial health.
Peer comparison
Jan 31, 2025