Standex International Corporation (SXI)

Return on assets (ROA)

Jun 30, 2025 Mar 31, 2025 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
Net income (ttm) US$ in thousands 55,760 60,525 54,443 72,457 73,074 73,652 138,364 139,536 138,992 132,092 68,904 63,845 61,393 62,073 46,178 42,571 36,473 24,359 16,609 17,470
Total assets US$ in thousands 1,566,880 1,554,560 1,482,940 1,037,880 1,005,060 993,506 1,005,060 981,433 1,024,930 1,015,090 956,685 921,259 934,439 973,568 970,570 960,642 962,223 946,338 958,657 941,902
ROA 3.56% 3.89% 3.67% 6.98% 7.27% 7.41% 13.77% 14.22% 13.56% 13.01% 7.20% 6.93% 6.57% 6.38% 4.76% 4.43% 3.79% 2.57% 1.73% 1.85%

June 30, 2025 calculation

ROA = Net income (ttm) ÷ Total assets
= $55,760K ÷ $1,566,880K
= 3.56%

The analysis of Standex International Corporation's Return on Assets (ROA) over the observed period reveals notable fluctuations and trends. Starting from a low of 1.85% as of September 30, 2020, the ROA demonstrated a steady upward trajectory through the subsequent quarters. By March 31, 2022, the ROA had increased significantly to 6.38%, indicating improved efficiency in utilizing assets to generate earnings. This upward trend continued, reaching a peak of 14.22% as of September 30, 2023, reflecting substantial enhancements in operational performance or asset management.

However, the subsequent quarters show a decline in ROA, with figures dropping to approximately 7.41% by March 31, 2024, and further decreasing to around 3.89% as of March 31, 2025. The decline suggests a potential deterioration in asset efficiency or profitability, possibly due to adverse operational, market, or macroeconomic factors impacting effective earnings generation relative to asset base.

Overall, the ROA trajectory indicates periods of significant improvement followed by considerable contraction. The peak in late 2023 underscores a period of robust asset utilization or profitability, while the subsequent decline hints at challenges impacting the company's ability to sustain those levels of asset efficiency.


Peer comparison

Jun 30, 2025

Company name
Symbol
ROA
Standex International Corporation
SXI
3.56%
Hayward Holdings Inc
HAYW
3.97%
Middleby Corp
MIDD
5.88%
Tennant Company
TNC
7.03%