Accenture plc (ACN)

Return on assets (ROA)

		Aug 31, 2024	May 31, 2024	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
Net income (ttm)	US$ in thousands	7,264,780	6,953,440	7,031,260	6,880,050	6,871,560	7,163,730	6,939,810	7,051,100	6,877,170	6,628,290	6,391,640	6,197,560	5,906,820	5,778,500	5,457,270	5,251,150	5,107,840	4,950,340	4,971,660	4,861,370
Total assets	US$ in thousands	55,932,400	54,141,300	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
ROA		12.99%	12.84%	13.70%	13.35%	13.41%	14.29%	14.54%	14.97%	14.55%	14.38%	14.42%	14.19%	13.68%	13.72%	13.65%	13.72%	13.78%	14.12%	14.84%	14.66%

August 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $7,264,780K ÷ $55,932,400K
= 12.99%

ROA (Return on Assets) is a financial ratio that measures a company's ability to generate profit from its assets. For Accenture plc, the ROA has fluctuated over the past 20 quarters, ranging from 12.84% to 14.97%.

On average, Accenture plc has maintained a healthy ROA of around 13-15%, indicating that the company efficiently utilizes its assets to generate profits. A higher ROA suggests better asset utilization and profitability.

The slight fluctuations in ROA over the quarters may be due to changes in the company's asset efficiency, profitability, or a combination of both. Overall, the consistent performance of Accenture plc in maintaining a stable ROA indicates effective management of its assets to generate returns for its shareholders.