Universal Corporation (UVV)
Return on assets (ROA)
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 | Jun 30, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 95,047 | 126,027 | 119,604 | 121,792 | 119,598 | 132,987 | 121,431 | 115,158 | 124,052 | 96,115 | 89,395 | 87,050 | 86,577 | 100,168 | 98,501 | 86,493 | 87,410 | 63,614 | 56,307 | 76,882 |
Total assets | US$ in thousands | 2,989,550 | 3,040,420 | 3,045,590 | 3,032,970 | 2,937,240 | 2,833,870 | 2,861,770 | 2,887,660 | 2,639,180 | 2,764,900 | 2,814,000 | 2,779,380 | 2,586,340 | 2,593,530 | 2,425,800 | 2,396,090 | 2,341,920 | 2,388,640 | 2,242,290 | 2,106,840 |
ROA | 3.18% | 4.15% | 3.93% | 4.02% | 4.07% | 4.69% | 4.24% | 3.99% | 4.70% | 3.48% | 3.18% | 3.13% | 3.35% | 3.86% | 4.06% | 3.61% | 3.73% | 2.66% | 2.51% | 3.65% |
March 31, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $95,047K ÷ $2,989,550K
= 3.18%
The return on assets (ROA) for Universal Corporation has shown fluctuations over the past few years. The ROA ranged from a low of 2.51% in September 2020 to a high of 4.70% in March 2023. The overall trend of the ROA seems to have peaks and valleys, with some periods of higher returns followed by slight declines.
On average, Universal Corporation's ROA appears to be around 3-4%, indicating that, on average, the company generates 3-4 cents in profit for each dollar of assets it holds. This suggests that the company has been reasonably efficient in utilizing its assets to generate profits.
It is worth noting that the ROA dipped to 3.18% in March 2025, which is lower compared to some of the previous quarters. This could be a signal for further analysis to understand the factors contributing to the decline in ROA and whether it is a temporary fluctuation or a persistent trend that may require management's attention.
Overall, while Universal Corporation's ROA has shown some variability, the company has generally been able to generate a decent return on its assets, indicating effective asset management and profitability.
Peer comparison
Mar 31, 2025