ePlus inc (PLUS)
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 | 143,624 | 158,257 | 166,162 | 147,316 | 106,335 |
| Total assets | US$ in thousands | 1,884,800 | 1,653,470 | 1,414,830 | 1,166,200 | 1,076,780 |
| Operating ROA | 7.62% | 9.57% | 11.74% | 12.63% | 9.88% |
March 31, 2025 calculation
Operating ROA = Operating income ÷ Total assets
= $143,624K ÷ $1,884,800K
= 7.62%
ePlus inc's operating return on assets (operating ROA) has experienced fluctuations over the past five years. The trend indicates a moderate increase from 9.88% as of March 31, 2021, to 12.63% as of March 31, 2022. This improvement suggests that the company's operating income generated from its assets increased during this period.
However, there was a slight decline in operating ROA to 11.74% as of March 31, 2023, followed by a more significant drop to 9.57% as of March 31, 2024. This decline may indicate challenges or inefficiencies in utilizing the company's assets to generate operating income effectively.
The most recent data point shows a further decrease in operating ROA to 7.62% as of March 31, 2025. This suggests a continued downward trend in the company's ability to generate operating income from its assets efficiently.
Overall, ePlus inc's operating ROA has shown volatility and a recent downward trend, indicating potential challenges in optimizing asset utilization to generate operating income. Analysis of the underlying factors contributing to these fluctuations would be necessary to understand the company's performance fully and identify areas for improvement.
Peer comparison
Mar 31, 2025