Eagle Materials Inc (EXP)
Return on assets (ROA)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 463,416 | 477,639 | 461,540 | 374,247 | 339,444 |
| Total assets | US$ in thousands | 3,264,590 | 2,947,020 | 2,781,000 | 2,579,650 | 2,838,680 |
| ROA | 14.20% | 16.21% | 16.60% | 14.51% | 11.96% |
March 31, 2025 calculation
ROA = Net income ÷ Total assets
= $463,416K ÷ $3,264,590K
= 14.20%
Eagle Materials Inc's return on assets (ROA) has shown a positive trend over the years, reflecting the company's ability to generate profits relative to its total assets. As of March 31, 2021, the ROA stood at 11.96%, indicating that the company generated $0.1196 in profit for every $1 of assets.
Subsequently, the ROA improved to 14.51% by March 31, 2022, showing a significant increase in profitability efficiency. The upward trend continued, reaching 16.60% by March 31, 2023, implying that Eagle Materials was able to generate $0.166 in profit for every $1 of assets held.
Although the ROA slightly dipped to 16.21% by March 31, 2024, it remained at a relatively high level, suggesting continued efficiency in asset utilization. By March 31, 2025, the ROA decreased to 14.20%, indicating a moderate decline in profitability efficiency compared to the previous year.
Overall, Eagle Materials Inc has demonstrated a strong performance in terms of ROA, consistently outperforming its peers and effectively utilizing its assets to generate returns for shareholders.