ePlus inc (PLUS)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 133,736 | 143,272 | 145,417 | 156,280 | 171,656 | 180,067 | 179,311 | 166,162 | 158,224 | 147,851 | 148,047 | 147,316 | 136,430 | 129,608 | 113,790 | 106,335 | 100,623 | 97,625 | 97,515 | 95,279 |
| Total assets | US$ in thousands | 1,765,780 | 1,700,050 | 1,650,970 | 1,668,530 | 1,595,600 | 1,618,790 | 1,680,810 | 1,414,830 | 1,597,860 | 1,371,340 | 1,256,150 | 1,166,200 | 1,255,150 | 1,139,940 | 1,077,420 | 1,076,780 | 1,125,950 | 1,038,710 | 1,058,860 | 909,113 |
| Operating ROA | 7.57% | 8.43% | 8.81% | 9.37% | 10.76% | 11.12% | 10.67% | 11.74% | 9.90% | 10.78% | 11.79% | 12.63% | 10.87% | 11.37% | 10.56% | 9.88% | 8.94% | 9.40% | 9.21% | 10.48% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $133,736K ÷ $1,765,780K
= 7.57%
Operating Return on Assets (Operating ROA) is a key financial ratio that indicates how efficiently a company is generating operating profits relative to its total assets.
Analyzing ePlus inc's Operating ROA data from March 2020 to December 2024 shows some fluctuations in the ratio. It started at 10.48% in March 2020, decreased slightly to 8.94% by December 2020, and then began to increase, reaching its peak at 12.63% in March 2022.
However, after hitting the peak, the Operating ROA declined to 7.57% by December 2024. This indicates a decrease in the company's operating income generated from its assets during this period.
The trend in ePlus inc's Operating ROA suggests that the company's efficiency in utilizing its assets to generate operating profits improved initially but then deteriorated towards the end of the analyzed period. It could be beneficial for the company to review its asset management strategies to enhance profitability in the future.
Peer comparison
Dec 31, 2024