ePlus inc (PLUS)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 104,765 | 107,914 | 109,268 | 115,776 | 126,647 | 135,059 | 130,864 | 119,356 | 110,747 | 101,477 | 104,421 | 105,600 | 96,908 | 92,122 | 80,555 | 74,397 | 72,090 | 70,002 | 70,254 | 69,082 |
| 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 |
| ROA | 5.93% | 6.35% | 6.62% | 6.94% | 7.94% | 8.34% | 7.79% | 8.44% | 6.93% | 7.40% | 8.31% | 9.06% | 7.72% | 8.08% | 7.48% | 6.91% | 6.40% | 6.74% | 6.63% | 7.60% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $104,765K ÷ $1,765,780K
= 5.93%
ePlus inc's return on assets (ROA) has shown fluctuations over the period under review. From March 31, 2020, to December 31, 2021, the ROA remained relatively stable, ranging between 6.40% and 8.08%, indicating consistent performance in generating profits relative to its assets.
However, from March 31, 2022, to December 31, 2024, the ROA experienced more significant fluctuations, ranging from 5.93% to 9.06%. The peak ROA of 9.06% on March 31, 2022, suggests that the company effectively utilized its assets to generate higher returns, while the lowest ROA of 5.93% on December 31, 2024, indicates a decline in asset efficiency.
Overall, ePlus inc's ROA performance indicates periods of both stability and volatility, suggesting varying levels of asset utilization and profitability over the analyzed period.