Winnebago Industries Inc (WGO)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 111,798 | 109,720 |
| 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 |
| ROA | 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% | 10.12% | 10.13% |
February 24, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $116,000K ÷ $2,433,900K
= 4.77%
Winnebago Industries Inc's return on assets (ROA) has shown fluctuations over the periods analyzed. The ROA ranged from a low of 3.32% in May 2020 to a high of 16.16% in August 2022 and again in May 2022. Generally, ROA has displayed a decreasing trend since May 2022. The downward trend indicates that the company may be facing challenges in generating profits relative to its assets. It is essential for Winnebago Industries to closely monitor its asset management efficiency to improve ROA and ultimately enhance overall profitability and shareholder value.
Peer comparison
Feb 24, 2024