Analog Devices Inc (ADI)

Return on assets (ROA)

		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	Nov 2, 2019	Aug 3, 2019	May 4, 2019
Net income (ttm)	US$ in thousands	2,815,832	3,314,579	3,752,375	3,624,341	3,429,958	2,748,561	1,888,022	1,642,348	1,281,980	1,390,422	1,701,261	1,560,615	1,405,406	1,220,761	1,111,929	1,111,638	1,211,879	1,363,011	1,490,172	1,536,355
Total assets	US$ in thousands	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	21,392,600	21,566,600	21,776,300
ROA		5.82%	6.79%	7.60%	7.32%	6.83%	5.46%	3.75%	3.23%	2.50%	2.66%	7.86%	7.23%	6.56%	5.69%	5.15%	5.21%	5.67%	6.37%	6.91%	7.06%

February 3, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $2,815,832K ÷ $48,388,500K
= 5.82%

Analog Devices Inc.'s return on assets (ROA) has shown positive trends over the last eight quarters. The ROA has consistently improved from 3.23% in Q2 2022 to 5.82% in Q1 2024, indicating the company's ability to generate earnings relative to its total assets. This suggests that Analog Devices has been effectively utilizing its assets to generate profits.

The company experienced a significant increase in ROA in Q3 2023, reaching 7.60%, which was the highest ROA recorded in the provided data. Although there was a slight decline in Q4 2023 to 6.79%, the overall trend indicates a positive performance in terms of asset efficiency.

The latest ROA of 5.82% in Q1 2024 suggests that Analog Devices continues to generate a solid return on its assets, reflecting positively on the company's operational efficiency and profitability. Overall, the upward trend in ROA over the quarters demonstrates Analog Devices' ability to efficiently use its assets to generate profits for its stakeholders.