Penguin Solutions, Inc. (PENG)
Operating return on assets (Operating ROA)
| May 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 60,437 | 56,146 | 34,346 | 18,295 | 16,627 | 2,730 | 3,965 | 17,507 | 37,985 | 75,680 | 94,562 | 114,509 | 118,648 | 86,233 | 82,368 | 55,198 | 40,687 | 47,857 | 43,073 | 41,330 |
| Total assets | US$ in thousands | 1,802,780 | 1,811,340 | 1,583,020 | 1,474,510 | 1,546,130 | 1,517,450 | 1,630,860 | 1,505,960 | 1,591,190 | 1,640,080 | 1,807,660 | 1,572,060 | 1,554,050 | 1,508,510 | 1,323,700 | 1,344,800 | 1,189,060 | 820,807 | 784,725 | 786,608 |
| Operating ROA | 3.35% | 3.10% | 2.17% | 1.24% | 1.08% | 0.18% | 0.24% | 1.16% | 2.39% | 4.61% | 5.23% | 7.28% | 7.63% | 5.72% | 6.22% | 4.10% | 3.42% | 5.83% | 5.49% | 5.25% |
May 31, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $60,437K ÷ $1,802,780K
= 3.35%
The operating return on assets (ROA) for Penguin Solutions, Inc. exhibits significant fluctuation over the analyzed period from August 2020 to May 2025. Initially, the metric increased from 5.25% in August 2020 to a peak of approximately 7.63% in May 2022, indicating periods of strong operational efficiency and effective utilization of assets to generate operating income. The peak in mid-2022 suggests an optimal operational phase during this period.
Subsequently, a declining trend becomes evident, with the operating ROA decreasing markedly from May 2022 onward, reaching as low as 0.18% in February 2024. This substantial decline may reflect increased operational challenges, reduced asset productivity, or shifts in strategic focus impacting operational profitability. The lowest point in February 2024 illustrates a period of diminished operating performance relative to the company's asset base.
Post-February 2024, there appears to be a modest recovery, with the operating ROA gradually increasing to approximately 3.35% by May 2025. This upward trend could indicate efforts to improve operational efficiency or favorable market conditions positively influencing operational returns.
Overall, the data reveals a pattern characterized by an initial phase of growth in operating efficiency, followed by a pronounced decline, and a tentative recovery towards the latter part of the period. The considerable variability suggests that Penguin Solutions' operating returns are sensitive to internal operational factors and possibly external market conditions affecting asset utilization and profitability.
Peer comparison
May 31, 2025