Aspen Technology Inc (AZPN)

Return on assets (ROA)

		Jun 30, 2024	Jun 30, 2023	Jun 30, 2022
Net income	US$ in thousands	-9,771	-107,760	41,944
Total assets	US$ in thousands	14,071,700	14,486,100	14,969,900
ROA		-0.07%	-0.74%	0.28%

June 30, 2024 calculation

ROA = Net income ÷ Total assets
= $-9,771K ÷ $14,071,700K
= -0.07%

Aspen Technology Inc's return on assets (ROA) has shown variability over the past three years. In 2024, the company's ROA was -0.07%, representing a slight improvement from the previous year's -0.74%. However, Aspen's ROA remains negative, indicating that the company's assets are not generating a positive return. It is important for investors and stakeholders to monitor Aspen's ability to generate profits from its assets and assess the effectiveness of its asset management strategies in order to improve ROA performance.