Enersys (ENS)

Operating return on assets (Operating ROA)

Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021 Mar 31, 2020
Operating income US$ in thousands 351,570 278,361 206,251 216,375 190,195
Total assets US$ in thousands 3,466,010 3,616,670 3,736,650 3,462,800 3,301,700
Operating ROA 10.14% 7.70% 5.52% 6.25% 5.76%

March 31, 2024 calculation

Operating ROA = Operating income ÷ Total assets
= $351,570K ÷ $3,466,010K
= 10.14%

Enersys' operating return on assets (ROA) has shown a positive trend over the past five years. The operating ROA increased from 5.76% in 2020 to 10.14% in 2024, indicating an improvement in the company's ability to generate operating profits relative to its assets. This suggests that Enersys has been able to effectively utilize its assets to drive profitability and efficiency in its operations.

The consistent growth in operating ROA from 2020 to 2024 reflects Enersys' strengthening operational performance and enhanced asset management strategies during this period. The rise in operating ROA signifies that the company has been able to generate higher operational earnings per dollar of assets employed. This improvement suggests that Enersys has been successful in enhancing its operational efficiency and profitability over the years.

Overall, the increasing trend in Enersys' operating ROA demonstrates a positive trajectory in the company's operational performance and asset utilization efficiency, reflecting well on its financial health and management effectiveness.


Peer comparison

Mar 31, 2024

Company name
Symbol
Operating ROA
Enersys
ENS
10.14%
WESCO International Inc
WCC
9.34%