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