Autodesk Inc (ADSK)

Return on assets (ROA)

		Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021	Jan 31, 2020
Net income	US$ in thousands	906,000	823,000	497,000	1,208,000	214,500
Total assets	US$ in thousands	9,912,000	9,438,000	8,607,000	7,279,800	6,179,300
ROA		9.14%	8.72%	5.77%	16.59%	3.47%

January 31, 2024 calculation

ROA = Net income ÷ Total assets
= $906,000K ÷ $9,912,000K
= 9.14%

Autodesk Inc's return on assets (ROA) has shown fluctuations over the past five years. In Jan 2021, the ROA was notably high at 16.59%, indicating that the company generated a substantial amount of profit relative to its total assets. This could be attributed to effective management of assets to generate profits during that period.

However, the ROA decreased to 3.47% in Jan 2020, signifying a significant drop in the company's ability to generate profit from its assets. This could suggest potential inefficiencies in asset utilization or other operational challenges during that year.

In the following years, Autodesk Inc's ROA improved gradually from 5.77% in Jan 2022 to 9.14% in Jan 2024. This upward trend could indicate enhanced efficiency in utilizing assets to generate profits over time, showcasing a positive trajectory for the company.

Overall, the fluctuating ROA figures for Autodesk Inc over the past five years highlight the importance of continuously monitoring and assessing asset utilization and profitability to ensure sustainable financial performance.