Winnebago Industries Inc (WGO)
Return on assets (ROA)
| Aug 31, 2024 | Aug 26, 2023 | Aug 27, 2022 | Aug 28, 2021 | Aug 29, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 13,000 | 215,900 | 390,600 | 281,900 | 61,442 |
| Total assets | US$ in thousands | 2,384,200 | 2,432,400 | 2,416,700 | 2,062,570 | 1,713,700 |
| ROA | 0.55% | 8.88% | 16.16% | 13.67% | 3.59% |
August 31, 2024 calculation
ROA = Net income ÷ Total assets
= $13,000K ÷ $2,384,200K
= 0.55%
Winnebago Industries Inc's return on assets (ROA) has fluctuated over the past five years. In the most recent fiscal year ending on August 31, 2024, the company's ROA was 0.55%, representing a significant decrease compared to the previous years.
The highest ROA of 16.16% was achieved in the fiscal year ending on August 27, 2022, indicating strong efficiency in generating profits from its assets. Subsequently, in the fiscal year ending on August 26, 2023, Winnebago Industries Inc maintained a strong ROA of 8.88%.
Overall, the company's ROA performance demonstrates variability, with a range from 0.55% to 16.16% over the five-year period. This volatility suggests fluctuations in the company's asset utilization and profitability, which may be influenced by factors such as operating efficiency, asset management, and overall financial performance.
Peer comparison
Aug 31, 2024