Accenture plc (ACN)

Return on assets (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
Net income (ttm)	US$ in thousands	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	4,779,120	4,678,210
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
ROA		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%	16.04%	16.62%

February 29, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $7,031,260K ÷ $51,307,500K
= 13.70%

Over the past several quarters, Accenture plc has maintained a relatively stable and healthy return on assets (ROA) ranging from 13.35% to 16.62%. The ROA measures the company's ability to generate profit from its assets, indicating efficient asset utilization.

The trend in ROA shows that Accenture has been consistently effective in generating earnings relative to its assets, with fluctuations likely reflective of business cycles and strategic initiatives. The highest ROA of 16.62% in the most recent quarter suggests a strong performance in generating profits compared to the previous periods.

Overall, Accenture's ROA indicates that the company is effectively managing its assets to generate earnings, showcasing operational efficiency and effectiveness in utilizing its resources to drive profitability.