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.


Peer comparison

Dec 31, 2024

Company name
Symbol
ROA
ePlus inc
PLUS
5.93%
ScanSource Inc
SCSC
4.33%