Hawkins Inc (HWKN)
Return on assets (ROA)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 84,345 | 75,363 | 60,041 | 51,542 | 40,980 |
| Total assets | US$ in thousands | 769,867 | 657,934 | 590,535 | 567,328 | 472,550 |
| ROA | 10.96% | 11.45% | 10.17% | 9.09% | 8.67% |
March 31, 2025 calculation
ROA = Net income ÷ Total assets
= $84,345K ÷ $769,867K
= 10.96%
Hawkins Inc's return on assets (ROA) has been showing a positive trend over the years, increasing from 8.67% as of March 31, 2021, to 10.96% as of March 31, 2025. This indicates that the company has been effectively utilizing its assets to generate profits. The gradual improvement in ROA signifies that Hawkins Inc is becoming more efficient in generating earnings from its asset base. However, there was a slight dip in ROA from 10.17% in 2023 to 11.45% in 2024, which may require further investigation to understand the factors influencing this change. Overall, Hawkins Inc's ROA performance demonstrates a consistent and positive trajectory, reflecting the company's ability to generate returns relative to its asset investments.
Peer comparison
Mar 31, 2025