Standex International Corporation (SXI)
Return on assets (ROA)
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 55,760 | 73,074 | 138,992 | 61,393 | 36,473 |
| Total assets | US$ in thousands | 1,566,880 | 1,005,060 | 1,024,930 | 934,439 | 962,223 |
| ROA | 3.56% | 7.27% | 13.56% | 6.57% | 3.79% |
June 30, 2025 calculation
ROA = Net income ÷ Total assets
= $55,760K ÷ $1,566,880K
= 3.56%
The analysis of Standex International Corporation's return on assets (ROA) over the period from June 30, 2021, to June 30, 2025, reveals notable fluctuations indicative of varying operational efficiency and profitability.
In fiscal year 2021, the ROA was reported at 3.79%, reflecting relatively modest asset utilization and profitability levels. This figure increased substantially in the subsequent year, reaching 6.57% as of June 30, 2022, suggesting improved management effectiveness and possibly enhancements in profit margins relative to asset base.
The most significant change was observed in FY 2023, where the ROA more than doubled to 13.56%. This sharp rise indicates a period of exceptional operational performance, increased profitability, or improved asset utilization, significantly boosting the company's efficiency and return generated from its asset investments.
Following this peak, the ROA declined during FY 2024 to 7.27%. While still higher than the levels recorded in 2021 and 2022, this reduction points to a potential slowdown in operational performance, asset utilization, or profitability margins compared to the peak period. External factors, market conditions, or internal strategic shifts may have influenced this downturn.
By FY 2025, the ROA decreased further to 3.56%, nearing the original level observed in 2021. This downward trend may suggest ongoing challenges in asset efficiency, profitability pressures, or a strategic repositioning that temporarily impacted asset returns.
Overall, the ROA trend indicates periods of significant improvement culminating in a peak in 2023, followed by a decline that brings the metric close to initial levels. The data underscores the importance of examining underlying operational and market conditions, as well as internal strategic decisions, to fully understand the drivers behind these fluctuations in asset efficiency and profitability over the analyzed period.
Peer comparison
Jun 30, 2025