Enerpac Tool Group Corp (EPAC)
Operating return on assets (Operating ROA)
| Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 121,586 | 123,748 | 115,824 | 100,275 | 83,922 | 64,846 | 46,050 | 36,562 | 30,660 | 31,123 | 47,227 | 48,450 | 51,112 | 40,766 | 16,021 | 18,881 | 24,181 | 26,388 | 66,565 | 70,437 |
| Total assets | US$ in thousands | 777,328 | 749,464 | 769,286 | 765,567 | 762,597 | 793,074 | 773,187 | 774,401 | 757,312 | 797,299 | 821,462 | 812,468 | 820,247 | 842,702 | 809,001 | 838,575 | 824,294 | 851,535 | 879,342 | 908,512 |
| Operating ROA | 15.64% | 16.51% | 15.06% | 13.10% | 11.00% | 8.18% | 5.96% | 4.72% | 4.05% | 3.90% | 5.75% | 5.96% | 6.23% | 4.84% | 1.98% | 2.25% | 2.93% | 3.10% | 7.57% | 7.75% |
August 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $121,586K ÷ $777,328K
= 15.64%
The operating return on assets (ROA) for Enerpac Tool Group Corp has shown a fluctuating trend over the last few quarters. The operating ROA started at 7.75% in November 2019, increased to a peak of 16.51% in May 2024, and then decreased slightly to 15.64% by August 2024.
The company's operating ROA has generally been on an upward trajectory, indicating an improvement in its ability to generate operating profits from its assets. This improvement suggests that Enerpac Tool Group Corp has been effectively managing its assets to generate operating income.
Overall, the increasing trend in operating ROA reflects positively on the company's operational efficiency and profitability over the analyzed period. Investors and stakeholders may view this as a sign of good management and performance by Enerpac Tool Group Corp.
Peer comparison
Aug 31, 2024