ePlus inc (PLUS)
Return on assets (ROA)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 107,978 | 115,776 | 119,356 | 105,600 | 74,397 |
| Total assets | US$ in thousands | 1,884,800 | 1,653,470 | 1,414,830 | 1,166,200 | 1,076,780 |
| ROA | 5.73% | 7.00% | 8.44% | 9.06% | 6.91% |
March 31, 2025 calculation
ROA = Net income ÷ Total assets
= $107,978K ÷ $1,884,800K
= 5.73%
Based on the provided data, ePlus inc's return on assets (ROA) has shown fluctuations over the years. In March 31, 2021, the ROA was at 6.91%, which increased to 9.06% by March 31, 2022, indicating improved asset utilization and profitability. However, in the following years, the ROA slightly decreased to 8.44% on March 31, 2023, and further dropped to 7.00% on March 31, 2024, before declining to 5.73% by March 31, 2025.
The declining trend in ROA from 2022 to 2025 may suggest potential challenges in maintaining or improving efficiency in generating profits from the company's assets. It is essential for ePlus inc to closely monitor and assess its asset management strategies to ensure optimal utilization and profitability in the future.