Agilent Technologies Inc (A)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,289,000 | 1,413,000 | 1,242,000 | 1,236,000 | 1,240,000 | 1,133,000 | 1,351,000 | 1,323,000 | 1,254,000 | 1,328,000 | 1,263,000 | 1,205,000 | 1,210,000 | 990,000 | 925,000 | 810,000 | 719,000 | 691,000 | 683,000 | 764,000 |
| 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 |
| ROA | 10.88% | 12.85% | 11.44% | 11.29% | 11.52% | 10.61% | 12.52% | 12.12% | 11.91% | 12.67% | 12.08% | 11.67% | 11.30% | 9.44% | 8.90% | 8.37% | 7.47% | 7.24% | 7.22% | 8.04% |
October 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $1,289,000K ÷ $11,846,000K
= 10.88%
Agilent Technologies Inc's return on assets (ROA) has shown a generally improving trend over the past several quarters. The ROA increased from 8.04% in January 2020 to 10.88% in October 2024. This indicates that the company has been more efficient in generating profits from its assets over time.
Although there have been fluctuations in the ROA, with some quarters showing higher returns than others, the overall trend is positive. The company's ability to generate higher returns on its assets suggests effective management of its resources and operations.
Investors and stakeholders may view the increasing ROA positively as it reflects the company's improving profitability and efficiency in utilizing its assets to generate earnings. It indicates that Agilent Technologies Inc is effectively managing its assets to generate profits for investors.
Peer comparison
Oct 31, 2024