ANSYS Inc (ANSS)

Return on assets (ROA)

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Net income (ttm) US$ in thousands 575,692 567,766 495,076 434,568 500,412 483,597 524,070 553,344 523,710 468,934 458,301 453,217 454,627 467,088 457,373 460,221 433,887 384,107 397,943 411,129
Total assets US$ in thousands 8,051,430 7,608,070 7,319,620 7,150,410 7,322,880 6,673,520 6,605,250 6,480,930 6,687,940 6,161,640 6,118,580 6,053,180 6,324,310 5,974,750 5,890,770 5,818,030 5,940,590 4,846,300 4,671,870 4,526,080
ROA 7.15% 7.46% 6.76% 6.08% 6.83% 7.25% 7.93% 8.54% 7.83% 7.61% 7.49% 7.49% 7.19% 7.82% 7.76% 7.91% 7.30% 7.93% 8.52% 9.08%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $575,692K ÷ $8,051,430K
= 7.15%

The return on assets (ROA) of ANSYS Inc has shown fluctuation over the past few years, ranging from a high of 9.08% in March 2020 to a low of 6.08% in March 2024. The ROA has generally been above 7% during the period under review, indicating that the company has been generating a reasonable level of profit relative to its total assets. However, there has been a slight downward trend in ROA since March 2023, suggesting a potential decline in the company's efficiency in utilizing its assets to generate earnings. ANSYS Inc should monitor its ROA closely to ensure it remains competitive and continues to deliver value to its shareholders.