Applied Materials Inc (AMAT)
Operating return on assets (Operating ROA)
| Oct 27, 2024 | Jul 28, 2024 | Apr 28, 2024 | Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Oct 25, 2020 | Jul 26, 2020 | Apr 26, 2020 | Jan 26, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 7,867,000 | 7,792,000 | 7,652,000 | 7,651,000 | 7,654,000 | 7,677,000 | 7,799,000 | 7,782,000 | 7,788,000 | 7,808,000 | 7,897,000 | 7,582,000 | 6,889,000 | 6,158,000 | 5,253,000 | 4,606,000 | 4,365,000 | 3,946,000 | 3,640,000 | 3,484,000 |
| Total assets | US$ in thousands | 34,409,000 | 33,647,000 | 31,949,000 | 31,540,000 | 30,729,000 | 30,410,000 | 29,092,000 | 27,959,000 | 26,726,000 | 26,161,000 | 25,459,000 | 25,428,000 | 25,825,000 | 24,479,000 | 24,085,000 | 23,305,000 | 22,353,000 | 21,171,000 | 21,815,000 | 19,767,000 |
| Operating ROA | 22.86% | 23.16% | 23.95% | 24.26% | 24.91% | 25.24% | 26.81% | 27.83% | 29.14% | 29.85% | 31.02% | 29.82% | 26.68% | 25.16% | 21.81% | 19.76% | 19.53% | 18.64% | 16.69% | 17.63% |
October 27, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $7,867,000K ÷ $34,409,000K
= 22.86%
The operating return on assets (ROA) for Applied Materials Inc has shown a generally positive trend over the past few quarters, indicating the company's ability to generate profits from its operational assets. The operating ROA has ranged from 16.69% to 31.02% during the periods outlined in the table.
There was a noticeable increase in operating ROA from Jan 2021 to Apr 2023, with the ratio peaking at 31.02% in Jul 2022. This indicates that the company was effectively utilizing its assets to generate operating income during this period.
However, there was a slight decline in operating ROA in the most recent quarters, dropping to 22.86% in Oct 2024. This could suggest a potential decrease in operational efficiency or profitability, which may warrant further investigation.
Overall, the trend in Applied Materials Inc's operating ROA reflects fluctuations in operational performance and asset utilization over the specified periods. An in-depth analysis of the underlying factors driving these changes would provide greater insights into the company's financial health and performance.
Peer comparison
Oct 27, 2024