Agilent Technologies Inc (A)
Operating return on assets (Operating ROA)
| Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,488,000 | 1,488,000 | 1,288,000 | 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 |
| Total assets | US$ in thousands | 11,846,000 | 10,996,000 | 10,856,000 | 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 |
| Operating ROA | 12.56% | 13.53% | 11.86% | 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% |
October 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,488,000K ÷ $11,846,000K
= 12.56%
Agilent Technologies Inc's operating return on assets (operating ROA) has shown fluctuations over the past few quarters. The operating ROA ranged from a low of 8.35% in January 2020 to a high of 15.67% in April 2023.
Overall, the operating ROA has generally been in the double-digit range, indicating that the company is generating a strong return on its assets through its core operations. The trend over the past few quarters has been relatively stable, with the operating ROA fluctuating between 11% and 15%.
It is important to continue monitoring Agilent Technologies Inc's operating ROA to assess the company's efficiency in generating profits from its assets and to determine if there are any underlying factors impacting the ratio.
Peer comparison
Oct 31, 2024