Winnebago Industries Inc (WGO)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 13,000 | 85,900 | 116,000 | 181,500 | 215,900 | 254,700 | 312,800 | 351,200 | 390,600 | 392,114 | 346,209 | 324,077 | 281,900 | 240,245 | 156,597 | 104,797 | 61,442 | 50,851 | 99,375 | 103,705 |
| 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 |
| ROA | 0.55% | 3.54% | 4.77% | 7.66% | 8.88% | 10.56% | 12.79% | 14.67% | 16.16% | 16.16% | 14.99% | 14.69% | 13.67% | 12.13% | 8.44% | 5.88% | 3.59% | 3.32% | 6.32% | 6.68% |
August 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $13,000K ÷ $2,384,200K
= 0.55%
Winnebago Industries Inc's return on assets (ROA) has shown a fluctuating trend over the past few years, with varying levels of performance. The ROA ranged from 0.55% to 16.16% during the observed period.
The ROA was relatively low in the earlier years, around 3.54% to 8.88%, but showed a significant improvement in the more recent periods, peaking at 16.16%. However, the ROA has started to decline slightly in the most recent periods.
Overall, Winnebago Industries Inc's ROA indicates the company's ability to generate profits relative to its total assets. The fluctuations in ROA suggest changes in the company's efficiency in asset utilization and profitability levels. Further analysis is recommended to understand the factors driving these changes and to assess the company's long-term performance.
Peer comparison
Aug 31, 2024