Ethan Allen Interiors Inc (ETD)
Operating return on assets (Operating ROA)
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 77,991 | 137,196 | 138,250 | 77,285 | 14,644 |
| Total assets | US$ in thousands | 744,917 | 745,453 | 719,895 | 683,245 | 622,789 |
| Operating ROA | 10.47% | 18.40% | 19.20% | 11.31% | 2.35% |
June 30, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $77,991K ÷ $744,917K
= 10.47%
Ethan Allen Interiors Inc's operating return on assets (ROA) has fluctuated over the past five years. In particular, the operating ROA for the most recent period ending on June 30, 2024, stood at 10.47%, a decrease from the previous year's 18.40%.
The company's operating ROA reached its peak in June 30, 2022, at 19.20%, indicating a strong performance in generating operating income relative to its assets. The operating ROA for June 30, 2021, was 11.31%, showing a slight decline from the previous year.
However, the operating ROA for June 30, 2020, was notably lower at 2.35%, suggesting a weaker performance in generating operating income from its assets during that period. Overall, Ethan Allen Interiors Inc's operating ROA has shown volatility in recent years, with fluctuations likely influenced by various factors such as changes in operating efficiency, asset utilization, and profitability.
Peer comparison
Jun 30, 2024