Accenture plc (ACN)

Operating return on assets (Operating ROA)

		Feb 29, 2024	Nov 30, 2023	Aug 31, 2023	May 31, 2023	Feb 28, 2023	Nov 30, 2022	Aug 31, 2022	May 31, 2022	Feb 28, 2022	Nov 30, 2021	Aug 31, 2021	May 31, 2021	Feb 28, 2021	Nov 30, 2020	Aug 31, 2020	May 31, 2020	Feb 29, 2020	Nov 30, 2019	Aug 31, 2019	May 31, 2019
Operating income (ttm)	US$ in thousands	8,883,530	8,781,680	8,809,890	9,165,160	9,408,990	9,525,990	9,367,180	9,057,680	8,573,220	8,165,160	7,621,540	7,207,550	6,801,620	6,637,040	6,513,630	6,540,420	6,545,630	6,443,320	6,305,070	6,203,260
Total assets	US$ in thousands	51,307,500	51,531,400	51,245,300	50,128,300	47,727,300	47,115,800	47,263,400	46,095,200	44,317,800	43,674,700	43,175,800	42,124,900	39,985,400	38,268,300	37,078,600	35,057,300	33,503,400	33,170,700	29,789,900	28,156,400
Operating ROA		17.31%	17.04%	17.19%	18.28%	19.71%	20.22%	19.82%	19.65%	19.34%	18.70%	17.65%	17.11%	17.01%	17.34%	17.57%	18.66%	19.54%	19.42%	21.17%	22.03%

February 29, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $8,883,530K ÷ $51,307,500K
= 17.31%

Operating return on assets (operating ROA) for Accenture plc has exhibited a relatively stable trend over the past few reporting periods. The figures have ranged from a high of 22.03% in November 2019 to a low of 17.01% in February 2021. The most recent operating ROA figure, as of February 29, 2024, stands at 17.31%, indicating a moderate profitability generated from the company's operations relative to its assets.

The generally consistent operating ROA percentages suggest that Accenture has been effectively utilizing its assets to generate profits over time. The declining trend observed from 2019 to 2021 may reflect changing business conditions or strategic decisions made by the company during that period. It's important for investors and stakeholders to monitor future trends in operating ROA to assess Accenture's operational efficiency and financial performance.