Helen of Troy Ltd (HELE)
Operating return on assets (Operating ROA)
| Feb 28, 2025 | Nov 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 203,775 | 212,749 | 244,558 | 256,551 | 264,800 | 248,126 | 218,392 | 218,493 | 211,791 | 208,462 | 221,309 | 241,654 | 272,550 | 246,691 | 257,360 | 289,344 | 281,488 | 254,218 | 232,778 | 188,023 |
| Total assets | US$ in thousands | 3,132,080 | 2,973,130 | 2,880,380 | 2,820,950 | 2,838,620 | 2,952,290 | 2,901,660 | 2,872,830 | 2,913,720 | 3,129,420 | 3,225,210 | 3,144,250 | 2,823,450 | 2,487,400 | 2,400,160 | 2,348,090 | 2,263,490 | 2,311,740 | 2,174,190 | 1,975,690 |
| Operating ROA | 6.51% | 7.16% | 8.49% | 9.09% | 9.33% | 8.40% | 7.53% | 7.61% | 7.27% | 6.66% | 6.86% | 7.69% | 9.65% | 9.92% | 10.72% | 12.32% | 12.44% | 11.00% | 10.71% | 9.52% |
February 28, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $203,775K ÷ $3,132,080K
= 6.51%
Operating return on assets (Operating ROA) is a key financial metric that indicates how efficiently a company generates operating profits relative to its total assets. Analyzing the data provided for Helen of Troy Ltd, we observe fluctuations in the company's operating ROA over time.
The trend in Helen of Troy Ltd's operating ROA shows a general decrease from May 31, 2020, to February 28, 2025, with some periods of fluctuation. The operating ROA started at 9.52% on May 31, 2020, and exhibited an upward trend, reaching a peak of 12.44% on February 28, 2021. However, after this peak, the operating ROA started declining gradually.
The company experienced a decline in operating ROA during the period between August 31, 2021, and August 31, 2022, with the metric dropping from 10.72% to 6.86%. Subsequently, there was a slight improvement in the operating ROA, reaching 9.33% on February 29, 2024, before declining to 6.51% on February 28, 2025.
The fluctuations in Helen of Troy Ltd's operating ROA may indicate changes in the company's efficiency in utilizing its assets to generate operating income. Further analysis of the company's operations, asset management practices, and profitability drivers may be necessary to understand the factors influencing the variations in operating ROA over the period under review. Monitoring this metric over time can provide insights into the company's operational performance and financial health.