Autodesk Inc (ADSK)
Operating return on assets (Operating ROA)
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,128,000 | 989,000 | 618,000 | 629,000 | 343,000 |
| Total assets | US$ in thousands | 9,912,000 | 9,438,000 | 8,607,000 | 7,279,800 | 6,179,300 |
| Operating ROA | 11.38% | 10.48% | 7.18% | 8.64% | 5.55% |
January 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $1,128,000K ÷ $9,912,000K
= 11.38%
Autodesk Inc's operating return on assets (operating ROA) has shown a favorable trend over the past five years, reflecting the company's efficiency in generating operating profits from its assets. The operating ROA has steadily increased from 5.55% in January 2020 to 11.38% in January 2024, indicating a consistent improvement in the company's operational performance and asset utilization efficiency.
The upward trend in operating ROA suggests that Autodesk has been able to enhance its operational effectiveness and profitability over the years. This improvement could be attributed to various factors such as effective cost management, revenue growth, operational efficiency, and strategic asset utilization.
Overall, the increasing trend in operating ROA indicates that Autodesk has been successful in maximizing the returns generated from its assets through efficient operational management, which bodes well for the company's financial health and long-term sustainability.
Peer comparison
Jan 31, 2024