Ethan Allen Interiors Inc (ETD)
Operating return on assets (Operating ROA)
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 62,331 | 68,584 | 72,912 | 76,443 | 77,229 | 87,053 | 100,516 | 115,897 | 137,196 | 147,452 | 151,317 | 150,540 | 138,250 | 120,367 | 106,701 | 92,964 | 77,285 | 40,776 | 21,035 | 7,684 |
| Total assets | US$ in thousands | 737,099 | 738,740 | 732,573 | 737,704 | 744,917 | 742,216 | 722,175 | 739,563 | 745,453 | 741,323 | 713,981 | 721,849 | 719,895 | 714,903 | 689,328 | 678,294 | 683,245 | 687,546 | 636,219 | 622,521 |
| Operating ROA | 8.46% | 9.28% | 9.95% | 10.36% | 10.37% | 11.73% | 13.92% | 15.67% | 18.40% | 19.89% | 21.19% | 20.85% | 19.20% | 16.84% | 15.48% | 13.71% | 11.31% | 5.93% | 3.31% | 1.23% |
June 30, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $62,331K ÷ $737,099K
= 8.46%
The operating return on assets (ROA) of Ethan Allen Interiors Inc. demonstrates a notable fluctuation over the specified period, reflecting dynamic operational efficiency and profitability trends.
From September 30, 2020, at approximately 1.23%, the operating ROA experienced a significant upward trajectory, reaching a peak of 21.19% on December 31, 2022. This sharp increase suggests substantial improvements in operational performance and asset utilization during this period, likely driven by factors such as enhanced sales efficiency, cost management, and possibly favorable market conditions.
Post-peak, the operating ROA exhibited a gradual decline, decreasing to 19.89% in March 2023 and further down to 13.92% by December 31, 2023. The downward trend continued into 2024, with figures of 11.73% in the first quarter and dipping below 10% to 8.41% by June 30, 2025. This sustained decline indicates a reduction in operational profitability relative to the company's assets, which may be attributable to increasing costs, competitive pressures, changes in market demand, or strategic adjustments impacting efficiency.
Overall, the data reflects a substantial period of operational improvement culminating around late 2022, followed by a consistent downward trend in operating ROA, highlighting evolving challenges in maintaining previous profitability levels relative to the asset base.
Peer comparison
Jun 30, 2025