ANSYS Inc (ANSS)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 575,692 | 500,412 | 523,710 | 454,627 | 433,887 |
| Total assets | US$ in thousands | 8,051,430 | 7,322,880 | 6,687,940 | 6,324,310 | 5,940,590 |
| ROA | 7.15% | 6.83% | 7.83% | 7.19% | 7.30% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $575,692K ÷ $8,051,430K
= 7.15%
Based on the provided data for ANSYS Inc's return on assets (ROA) over the past five years, the company has demonstrated relatively consistent performance in generating returns relative to its total assets. The ROA figures for each year were as follows: 7.30% in December 2020, 7.19% in December 2021, 7.83% in December 2022, 6.83% in December 2023, and 7.15% in December 2024.
The trend indicates that ANSYS Inc has maintained a stable ROA over the period under review, with minor fluctuations observed from year to year. The company's ability to generate an average ROA of approximately 7% suggests that it has been effectively utilizing its assets to generate profits. However, the slight variations in ROA figures may require further investigation to understand the underlying factors impacting the company's profitability and asset management strategies.
Overall, ANSYS Inc's consistent and moderate ROA performance indicates efficient asset utilization, but stakeholders should continue to monitor any changes in future ROA figures to assess the company's ability to generate returns on its investments.
Peer comparison
Dec 31, 2024