ANSYS Inc (ANSS)

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	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	451,295	438,606	438,479	421,325
Total assets	US$ in thousands	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	4,838,890	3,582,010	3,512,840	3,372,260
ROA		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%	9.33%	12.24%	12.48%	12.49%

December 31, 2023 calculation

ROA = Net income (ttm) ÷ Total assets
= $500,412K ÷ $7,322,880K
= 6.83%

Ansys Inc.'s return on assets (ROA) has shown a pattern of fluctuation over the past eight quarters, ranging from 6.83% to 8.54%. The ROA performance peaked in Q1 2023 at 8.54% and hit its lowest point in Q4 2023 at 6.83%. The overall trend indicates that Ansys Inc. has been generating positive returns from its assets, although there has been some variability in the efficiency of asset utilization over time. Further analysis of the company's financial performance and operational strategies may be needed to understand the factors contributing to these fluctuations in ROA.