Winnebago Industries Inc (WGO)
Operating return on assets (Operating ROA)
| Aug 31, 2024 | Aug 26, 2023 | Aug 27, 2022 | Aug 28, 2021 | Aug 29, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 100,200 | 300,700 | 583,500 | 407,400 | 113,763 |
| Total assets | US$ in thousands | 2,384,200 | 2,432,400 | 2,416,700 | 2,062,570 | 1,713,700 |
| Operating ROA | 4.20% | 12.36% | 24.14% | 19.75% | 6.64% |
August 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $100,200K ÷ $2,384,200K
= 4.20%
Winnebago Industries Inc's operating return on assets (operating ROA) has fluctuated over the past five years. In the most recent fiscal year ending on August 31, 2024, the operating ROA stands at 4.20%, which represents a significant decrease compared to the previous year's figure of 12.36% on August 26, 2023.
The highest operating ROA value in the provided dataset was recorded on August 27, 2022, at 24.14%, indicating strong profitability generated from the company's operational assets. In the following fiscal year on August 28, 2021, the operating ROA decreased to 19.75%, still maintaining a robust level of profitability.
In contrast, the lowest operating ROA rate within the given period was observed on August 29, 2020, at 6.64%, reflecting a comparatively weaker performance in generating operating profits from the company's assets.
Overall, Winnebago Industries Inc's operating ROA has displayed variability in performance over the last five years, with fluctuations potentially influenced by operational efficiency, asset utilization, and profitability measures implemented by the company. This metric provides insight into the company's ability to generate profits relative to its operational asset base and is crucial for assessing the efficiency and effectiveness of its operational management strategies.
Peer comparison
Aug 31, 2024