Winnebago Industries Inc (WGO)
Operating return on assets (Operating ROA)
| Aug 31, 2024 | May 25, 2024 | Feb 24, 2024 | Nov 25, 2023 | Aug 26, 2023 | May 27, 2023 | Feb 25, 2023 | Nov 26, 2022 | Aug 27, 2022 | May 28, 2022 | Feb 26, 2022 | Nov 27, 2021 | Aug 28, 2021 | May 29, 2021 | Feb 27, 2021 | Nov 28, 2020 | Aug 29, 2020 | May 30, 2020 | Feb 29, 2020 | Nov 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 100,200 | 175,500 | 212,500 | 253,900 | 300,700 | 366,900 | 463,100 | 523,100 | 583,600 | 579,874 | 505,610 | 468,785 | 407,400 | 355,824 | 245,215 | 174,884 | 113,763 | 90,130 | 147,277 | 146,536 |
| Total assets | US$ in thousands | 2,384,200 | 2,425,000 | 2,433,900 | 2,368,900 | 2,432,400 | 2,412,800 | 2,445,400 | 2,394,000 | 2,416,700 | 2,427,130 | 2,309,430 | 2,206,360 | 2,062,570 | 1,979,770 | 1,855,800 | 1,780,990 | 1,713,700 | 1,533,040 | 1,571,930 | 1,553,620 |
| Operating ROA | 4.20% | 7.24% | 8.73% | 10.72% | 12.36% | 15.21% | 18.94% | 21.85% | 24.15% | 23.89% | 21.89% | 21.25% | 19.75% | 17.97% | 13.21% | 9.82% | 6.64% | 5.88% | 9.37% | 9.43% |
August 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $100,200K ÷ $2,384,200K
= 4.20%
Winnebago Industries Inc's operating return on assets (operating ROA) has exhibited varying levels over the historical periods available. The trend shows a generally increasing pattern from 5.88% in February 2020 to a peak of 24.15% in August 2022 before gradually decreasing.
During the most recent period reported in August 2024, the operating ROA stood at 4.20%, signaling a decline compared to the previous periods. This decrease in operating ROA may indicate potential challenges in efficiently utilizing the company's assets to generate operating income.
It is important for Winnebago Industries Inc to analyze the factors contributing to the fluctuation in the operating ROA to identify areas for improvement. Management should focus on optimizing asset utilization and operational efficiency to enhance the profitability of the company and deliver sustainable returns to shareholders.
Peer comparison
Aug 31, 2024