Agilent Technologies Inc (A)
Operating return on assets (Operating ROA)
| Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,308,000 | 1,350,000 | 1,413,000 | 1,691,000 | 1,668,000 | 1,618,000 | 1,542,000 | 1,467,000 | 1,395,000 | 1,347,000 | 1,251,000 | 1,145,000 | 959,000 | 846,000 | 797,000 | 792,000 | 906,000 | 941,000 | 912,000 | 897,000 |
| Total assets | US$ in thousands | 10,948,000 | 10,763,000 | 10,675,000 | 10,792,000 | 10,919,000 | 10,532,000 | 10,484,000 | 10,455,000 | 10,327,000 | 10,705,000 | 10,491,000 | 10,398,000 | 9,674,000 | 9,627,000 | 9,546,000 | 9,455,000 | 9,501,000 | 9,452,000 | 8,625,000 | 9,022,000 |
| Operating ROA | 11.95% | 12.54% | 13.24% | 15.67% | 15.28% | 15.36% | 14.71% | 14.03% | 13.51% | 12.58% | 11.92% | 11.01% | 9.91% | 8.79% | 8.35% | 8.38% | 9.54% | 9.96% | 10.57% | 9.94% |
January 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,308,000K ÷ $10,948,000K
= 11.95%
The operating return on assets (operating ROA) for Agilent Technologies Inc. has shown some fluctuations over the past eight quarters, ranging from 11.95% in Q1 2024 to 15.67% in Q2 2023. The trend indicates that the company's ability to generate operating profits from its assets has experienced some variability during this period. While the operating ROA peaked in Q2 2023, it declined in the subsequent quarters before reaching a recent low in Q1 2024. Overall, Agilent's operating ROA has displayed some volatility but generally remained at a healthy level, indicating efficient utilization of its assets to generate operating income.
Peer comparison
Jan 31, 2024