Akamai Technologies Inc (AKAM)

Return on assets (ROA)

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	547,629	515,226	478,378	487,402	523,672	555,444	610,666	629,323	651,642	604,478	584,185	589,603	557,054	562,784	542,051	494,051	478,035	452,950	422,643	351,789
Total assets	US$ in thousands	9,900,040	9,582,090	8,345,960	8,183,330	8,303,400	8,136,480	8,230,750	8,312,390	8,138,670	8,115,480	7,920,940	7,817,920	7,764,130	7,514,390	7,224,800	6,947,960	7,006,890	6,357,430	5,343,240	5,182,760
ROA		5.53%	5.38%	5.73%	5.96%	6.31%	6.83%	7.42%	7.57%	8.01%	7.45%	7.38%	7.54%	7.17%	7.49%	7.50%	7.11%	6.82%	7.12%	7.91%	6.79%

December 31, 2023 calculation

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

Based on the provided data, Akamai Technologies Inc's return on assets (ROA) has been relatively stable over the past eight quarters, ranging from 5.53% to 7.41%. The ROA indicates that for every dollar of assets the company has, it generates between 5.53 cents to 7.41 cents of net income.

The trend shows a slight decrease in ROA in the most recent quarters compared to the earlier quarters of 2022. This decline may suggest that the company's profitability in relation to its total assets has weakened, which could be a concern for investors and stakeholders.

It is important for Akamai Technologies Inc to closely monitor its asset utilization efficiency and profitability to ensure that its resources are being effectively utilized to generate returns for shareholders. Further analysis, including comparing the company's ROA with industry peers and examining the underlying factors influencing the ratio, would provide more insights into the company's financial performance and prospects.