Winnebago Industries Inc (WGO)
Operating return on assets (Operating ROA)
| 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 | Aug 31, 2019 | May 25, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 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 | 155,267 | 156,190 |
| Total assets | US$ in thousands | 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 | 1,104,230 | 1,083,200 |
| Operating ROA | 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% | 14.06% | 14.42% |
February 24, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $212,500K ÷ $2,433,900K
= 8.73%
Winnebago Industries Inc's operating return on assets (operating ROA) has exhibited fluctuations over the historical period analyzed. The operating ROA has generally shown a positive trend, starting at 14.42% in May 2019, peaking at 24.15% in August 2022, and then gradually declining to 8.73% in February 2024.
The operating ROA measures the company's efficiency in generating operating profits relative to its total assets. A higher operating ROA indicates that the company is using its assets efficiently to generate operating profits.
The fluctuations in Winnebago Industries Inc's operating ROA could be attributed to various factors such as changes in revenue growth, cost management, asset utilization, and efficiency of operations. Investors and analysts closely monitor the operating ROA as it reflects the company's operational performance and efficiency in utilizing its assets to generate profits.
Overall, Winnebago Industries Inc's operating ROA trend reflects the company's ability to generate operating profits from its assets, and it is important for stakeholders to assess the company's operational efficiency and financial performance.
Peer comparison
Feb 24, 2024