Aspen Technology Inc (AZPN)

Operating return on assets (Operating ROA)

		Jun 30, 2024	Jun 30, 2023	Jun 30, 2022
Operating income	US$ in thousands	-89,540	-183,065	22,272
Total assets	US$ in thousands	14,071,700	14,486,100	14,969,900
Operating ROA		-0.64%	-1.26%	0.15%

June 30, 2024 calculation

Operating ROA = Operating income ÷ Total assets
= $-89,540K ÷ $14,071,700K
= -0.64%

Aspen Technology Inc's operating return on assets (operating ROA) has shown a mixed trend over the past three years. In June 2022, the operating ROA was 0.15%, indicating that for every dollar of assets the company utilized in its operations, it generated a return of 0.15 cents. However, in June 2023, the operating ROA declined to -1.26%, suggesting that the company's operating performance decreased, potentially due to higher operating expenses or lower operating income relative to its assets. This negative trend continued in June 2024, with the operating ROA decreasing further to -0.64%.

The negative operating ROA figures in 2023 and 2024 indicate that the company may be struggling to effectively utilize its assets to generate operating profits. Investors and stakeholders should closely monitor Aspen Technology Inc's operational efficiency and profitability to assess its ability to enhance performance and create value from its asset base.