Analog Devices Inc (ADI)

Operating return on assets (Operating ROA)

		Nov 2, 2024	Aug 3, 2024	May 4, 2024	Feb 3, 2024	Oct 28, 2023	Jul 29, 2023	Apr 29, 2023	Jan 28, 2023	Oct 29, 2022	Jul 30, 2022	Apr 30, 2022	Jan 29, 2022	Oct 30, 2021	Jul 31, 2021	May 1, 2021	Jan 30, 2021	Oct 31, 2020	Aug 1, 2020	May 2, 2020	Feb 1, 2020
Operating income (ttm)	US$ in thousands	2,032,798	2,097,821	2,535,995	3,278,252	3,823,108	4,291,173	4,254,986	4,044,767	3,278,704	2,275,229	1,991,569	1,593,098	1,692,201	2,054,868	1,864,346	1,688,676	1,498,244	1,374,933	1,402,535	1,528,210
Total assets	US$ in thousands	48,228,300	48,618,400	48,861,900	48,388,500	48,794,500	49,346,700	49,544,700	50,234,500	50,302,400	50,346,200	50,800,700	51,215,600	52,322,100	21,641,200	21,588,200	21,440,100	21,468,600	21,599,600	21,350,900	21,376,800
Operating ROA		4.21%	4.31%	5.19%	6.77%	7.84%	8.70%	8.59%	8.05%	6.52%	4.52%	3.92%	3.11%	3.23%	9.50%	8.64%	7.88%	6.98%	6.37%	6.57%	7.15%

November 2, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $2,032,798K ÷ $48,228,300K
= 4.21%

Analog Devices Inc's operating return on assets (operating ROA) has been fluctuating over the past few years. The operating ROA has shown a general declining trend from 7.15% in February 2020 to 4.21% in November 2024. However, there have been periods of improvement in between, such as the peak of 9.50% in May 2021.

The operating ROA measures the company's ability to generate profits from its operational assets. A higher operating ROA indicates efficient utilization of assets to generate earnings. Analog Devices Inc's varying operating ROA might be influenced by factors such as changes in operational efficiency, asset management, and profitability.

Analyzing the trend in operating ROA can provide insights into Analog Devices Inc's operational performance and efficiency over time. Careful consideration of the factors impacting the operating ROA will be necessary to understand the company's financial health and prospects for future profitability.