Universal Corporation (UVV)
Operating return on assets (Operating ROA)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 244,151 | 222,009 | 181,072 | 160,315 | 147,810 |
| Total assets | US$ in thousands | 2,989,550 | 2,937,240 | 2,639,180 | 2,586,340 | 2,341,920 |
| Operating ROA | 8.17% | 7.56% | 6.86% | 6.20% | 6.31% |
March 31, 2025 calculation
Operating ROA = Operating income ÷ Total assets
= $244,151K ÷ $2,989,550K
= 8.17%
Universal Corporation's operating return on assets (ROA) has exhibited a generally positive trend over the past five years. The operating ROA increased from 6.31% as of March 31, 2021, to 8.17% as of March 31, 2025. This improvement indicates that the company has been able to generate more operating income from its assets over the years.
The steady growth in operating ROA suggests that Universal Corporation has become more efficient in utilizing its assets to generate operating profits. A higher operating ROA indicates that the company is generating more income for each dollar of assets employed in its operations.
Overall, the increasing trend in Universal Corporation's operating ROA is a positive signal for investors and stakeholders, as it demonstrates the company's ability to effectively manage its assets and generate higher returns from its core operations.
Peer comparison
Mar 31, 2025