Enersys (ENS)
Operating return on assets (Operating ROA)
| Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jul 5, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 351,570 | 366,089 | 352,022 | 317,677 | 278,361 | 227,420 | 200,055 | 195,480 | 206,251 | 213,428 | 218,334 | 224,055 | 216,375 | 184,771 | 171,784 | 175,079 | 190,195 | 205,108 | 211,975 | 216,622 |
| Total assets | US$ in thousands | 3,466,010 | 3,502,640 | 3,492,990 | 3,480,980 | 3,616,670 | 3,567,870 | 3,624,160 | 3,721,910 | 3,736,650 | 3,591,400 | 3,517,450 | 3,472,440 | 3,462,800 | 3,475,230 | 3,333,220 | 3,284,740 | 3,301,700 | 3,341,430 | 3,290,810 | 3,182,420 |
| Operating ROA | 10.14% | 10.45% | 10.08% | 9.13% | 7.70% | 6.37% | 5.52% | 5.25% | 5.52% | 5.94% | 6.21% | 6.45% | 6.25% | 5.32% | 5.15% | 5.33% | 5.76% | 6.14% | 6.44% | 6.81% |
March 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $351,570K ÷ $3,466,010K
= 10.14%
Enersys has shown a relatively stable trend in its operating return on assets (operating ROA) over the past quarters. The company's operating ROA ranged from 5.15% to 10.45% during this period.
Enersys experienced a gradual increase in operating ROA from 5.15% in September 2020 to a peak of 10.45% in December 2023. However, there was a slight decline in the most recent quarter, with the operating ROA dropping to 10.14%.
Overall, Enersys has generally maintained a healthy operating ROA above 5%, indicating its ability to generate profits from its operating assets. Investors and analysts may view this positively as it demonstrates the company's efficiency in generating earnings relative to its asset base.
Peer comparison
Mar 31, 2024