Eagle Materials Inc (EXP)
Operating return on assets (Operating ROA)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 599,195 | 625,526 | 485,210 | 514,413 | 287,472 |
| Total assets | US$ in thousands | 3,264,590 | 2,947,020 | 2,781,000 | 2,579,650 | 2,838,680 |
| Operating ROA | 18.35% | 21.23% | 17.45% | 19.94% | 10.13% |
March 31, 2025 calculation
Operating ROA = Operating income ÷ Total assets
= $599,195K ÷ $3,264,590K
= 18.35%
Eagle Materials Inc has demonstrated a positive trend in its operating return on assets (Operating ROA) over the past five years, reflecting its operational efficiency and profitability. The Operating ROA increased from 10.13% as of March 31, 2021, to 18.35% as of March 31, 2025, indicating improvement in utilizing its assets to generate operating income.
The company's ability to generate operating profits relative to its total assets has shown overall growth, with the Operating ROA peaking at 21.23% as of March 31, 2024. This suggests that Eagle Materials Inc has effectively managed its assets to generate higher operating returns during that period.
The general upward trend in the Operating ROA implies that Eagle Materials Inc has been enhancing its operational efficiency and productivity over the years, which can be seen as a positive indicator for potential investors and stakeholders evaluating the company's financial performance.