Broadridge Financial Solutions Inc (BR)
Operating return on assets (Operating ROA)
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,017,100 | 936,400 | 759,900 | 678,700 | 624,900 |
| Total assets | US$ in thousands | 8,242,400 | 8,233,200 | 8,168,800 | 8,119,800 | 4,889,800 |
| Operating ROA | 12.34% | 11.37% | 9.30% | 8.36% | 12.78% |
June 30, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $1,017,100K ÷ $8,242,400K
= 12.34%
Broadridge Financial Solutions Inc's operating return on assets (ROA) has shown a generally positive trend over the past five years, indicating efficient utilization of its assets to generate operating income. The operating ROA increased from 8.36% in June 2021 to 12.34% in June 2024, signifying a steady improvement in operational efficiency and profitability. The company's ability to generate higher returns on its assets suggests effective management and operational performance during this period. It is important to note that the fluctuation in the operating ROA figures should be further investigated to identify any underlying factors impacting the company's financial performance.
Peer comparison
Jun 30, 2024