Autodesk Inc (ADSK)

Return on equity (ROE)

		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 stockholders’ equity	US$ in thousands	2,161,000	1,855,000	1,482,000	1,206,000	897,000	1,145,000	906,000	740,000	681,000	849,000	1,280,000	1,328,000	1,128,000	965,000	69,300	67,300	-139,100	-139,000	-171,500	-194,300
ROE		46.14%	48.84%	61.88%	72.47%	93.42%	71.88%	68.32%	75.41%	71.51%	58.54%	103.07%	98.98%	115.04%	125.20%	618.61%	539.67%	—	—	—	—

April 30, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $997,000K ÷ $2,161,000K
= 46.14%

Autodesk Inc's return on equity (ROE) has shown significant variability over the past several quarters. The ROE ranged from a low of 46.14% in April 2024 to a high of 618.61% in October 2020, indicating fluctuations in the company's profitability and efficiency in generating returns for its shareholders.

The ROE trend presents a mix of strong and weaker performance periods, with some quarters significantly outperforming others. There is a notable spike in ROE in the earlier quarters of 2020, followed by a decrease in the subsequent quarters. This spike may reflect certain unique factors or events impacting the company's financial performance during that period.

Overall, the ROE figures suggest that Autodesk Inc has historically demonstrated the ability to generate solid returns on shareholders' equity, particularly in the earlier quarters of 2020 and prior. However, the recent declining trend in ROE may indicate a need for further analysis to understand the underlying reasons for the drop in profitability and efficiency in utilizing equity in generating earnings.

It is worth noting that the absence of ROE data for the last three quarters raises questions about the availability of complete financial information for analysis, which may impact the comprehensive assessment of Autodesk Inc's recent profitability and shareholder value creation. Further monitoring of ROE trends and performance indicators will be essential in gauging the company's financial health and sustainability in the future.