Dycom Industries Inc (DY)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 224,161 | 238,108 | 229,954 | 218,923 | 220,314 | 190,590 | 174,200 | 142,213 | 118,198 | 92,903 | 67,212 | 48,574 | 43,585 | 48,794 | 67,653 | 34,337 | 27,343 | 17,646 | 10,518 | 57,215 |
| 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 |
| ROA | 7.20% | 8.57% | 8.81% | 8.70% | 8.27% | 7.96% | 7.54% | 6.15% | 5.13% | 4.21% | 3.15% | 2.29% | 1.98% | 2.18% | 2.99% | 1.77% | 1.32% | 0.82% | 0.37% | 2.58% |
October 26, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $224,161K ÷ $3,114,700K
= 7.20%
Dycom Industries Inc's return on assets (ROA) has shown a fluctuating trend over the past several quarters. The company's ROA ranged from a low of 0.37% in Jan 25, 2020, to a high of 8.81% in Apr 27, 2024.
In general, the ROA has been trending upwards since the beginning of 2022, demonstrating an improving ability to generate profit from its assets. This upward trend indicates that the company has been more efficient in utilizing its assets to generate earnings for shareholders.
However, it is important to note that the ROA experienced some fluctuations in the most recent quarters, which may raise concerns about the company's ability to consistently generate returns on its assets. Investors and analysts may want to further investigate the factors that contributed to these fluctuations to assess the company's future performance and profitability.
Peer comparison
Oct 26, 2024