Analog Devices Inc (ADI)

Return on assets (ROA)

		Nov 2, 2024	Oct 28, 2023	Oct 29, 2022	Oct 30, 2021	Oct 31, 2020
Net income	US$ in thousands	1,635,270	3,314,580	2,748,560	1,390,420	1,220,760
Total assets	US$ in thousands	48,228,300	48,794,500	50,302,400	52,322,100	21,468,600
ROA		3.39%	6.79%	5.46%	2.66%	5.69%

November 2, 2024 calculation

ROA = Net income ÷ Total assets
= $1,635,270K ÷ $48,228,300K
= 3.39%

Analog Devices Inc's return on assets (ROA) has fluctuated over the past five years, ranging from 2.66% in FY2021 to 6.79% in FY2023. The company's ROA stood at 3.39% in FY2024, reflecting a slight decrease from the previous year. This downward trend indicates that Analog Devices may be experiencing challenges in generating profits from its total assets efficiently. Further analysis of the company's operational and financial performance is recommended to understand the factors contributing to these fluctuations in ROA.