Analog Devices Inc (ADI)

Return on assets (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
Net income (ttm)	US$ in thousands	1,635,273	1,655,631	2,140,418	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
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
ROA		3.39%	3.41%	4.38%	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%

November 2, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $1,635,273K ÷ $48,228,300K
= 3.39%

Analog Devices Inc's return on assets (ROA) has demonstrated fluctuations over the past few years. The ROA peaked at 7.86% in January 2021 and reached its lowest point at 2.50% in January 2022. The company showed a downward trend in ROA from 2021 to early 2022, but since then, there has been a general increasing trend in ROA.

The ROA for the most recent period, November 2024, stands at 3.39%, which is slightly below the previous period's ROA of 3.41%. While the current ROA is not at its highest levels seen historically, it is an improvement from the lower points experienced in early 2022.

Overall, Analog Devices Inc's ROA indicates the company's ability to generate profits from its assets, with a recent positive trend in performance. Investors may continue to monitor the company's ROA to assess its efficiency in utilizing assets to generate earnings.