Akamai Technologies Inc (AKAM)

Return on assets (ROA)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	547,629	523,672	651,642	557,054	478,035
Total assets	US$ in thousands	9,900,040	8,303,400	8,138,670	7,764,130	7,006,890
ROA		5.53%	6.31%	8.01%	7.17%	6.82%

December 31, 2023 calculation

ROA = Net income ÷ Total assets
= $547,629K ÷ $9,900,040K
= 5.53%

Akamai Technologies Inc's return on assets (ROA) has exhibited some fluctuations over the past five years. The ROA decreased from 6.82% in 2019 to 7.17% in 2020, but then increased to 8.01% in 2021, indicating improved asset utilization efficiency. However, in 2022, there was a decline in the ROA to 6.31%, which was further reduced to 5.53% in 2023.

Overall, Akamai Technologies Inc's ROA trend suggests some variability in the company's ability to generate profits from its assets, with the ROA experiencing both increases and decreases over the years. Further analysis of the company's financial performance and operational efficiency may be needed to assess the underlying reasons for these fluctuations in ROA.