Autodesk Inc (ADSK)

Return on assets (ROA)

		Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020	Jan 31, 2020	Oct 31, 2019	Jul 31, 2019
Net income (ttm)	US$ in thousands	997,000	906,000	917,000	874,000	838,000	823,000	619,000	558,000	487,000	497,000	1,319,300	1,314,500	1,297,700	1,208,200	428,700	363,200	305,200	214,500	147,400	57,000
Total assets	US$ in thousands	9,830,000	9,912,000	9,226,000	9,107,000	9,069,000	9,438,000	8,635,000	8,227,000	8,261,000	8,607,000	8,531,000	7,420,600	7,298,300	7,279,800	5,944,500	5,747,300	5,543,900	6,179,300	5,036,600	4,872,700
ROA		10.14%	9.14%	9.94%	9.60%	9.24%	8.72%	7.17%	6.78%	5.90%	5.77%	15.46%	17.71%	17.78%	16.60%	7.21%	6.32%	5.51%	3.47%	2.93%	1.17%

April 30, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $997,000K ÷ $9,830,000K
= 10.14%

Autodesk Inc's return on assets (ROA) has shown a generally positive trend over the last few years, increasing from 1.17% in October 2019 to 10.14% in April 2024. This indicates that the company has been more effective in generating profits from its assets over time. The highest ROA was recorded in January 2022 at 17.78%, suggesting a particularly strong performance at that time.

The company's ROA experienced fluctuations within this period, with some quarters showing higher ROA figures than others. The variations may be influenced by factors such as changes in the company's asset base, profitability, and operational efficiency.

Overall, Autodesk Inc's ROA performance demonstrates an ability to efficiently utilize its assets to generate profits, with a generally positive trend indicating improved asset productivity over the analyzed period.