Broadridge Financial Solutions Inc (BR)

Operating return on assets (Operating ROA)

		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	Dec 31, 2019	Sep 30, 2019
Operating income (ttm)	US$ in thousands	1,017,100	1,029,900	1,013,800	997,300	936,400	823,900	783,100	744,100	759,900	699,600	692,800	703,400	678,700	696,100	683,200	630,500	625,000	567,000	574,300	625,700
Total assets	US$ in thousands	8,242,400	8,215,400	7,999,800	8,071,200	8,233,200	8,432,300	8,051,300	8,090,600	8,168,800	8,349,500	8,115,900	8,028,400	8,119,800	5,186,800	4,858,300	4,749,700	4,889,800	4,913,500	4,384,600	4,220,100
Operating ROA		12.34%	12.54%	12.67%	12.36%	11.37%	9.77%	9.73%	9.20%	9.30%	8.38%	8.54%	8.76%	8.36%	13.42%	14.06%	13.27%	12.78%	11.54%	13.10%	14.83%

June 30, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $1,017,100K ÷ $8,242,400K
= 12.34%

Broadridge Financial Solutions Inc's operating return on assets (operating ROA) has shown a generally positive trend over the past several quarters. The operating ROA has been relatively stable, fluctuating between 8.38% and 14.83% during the periods provided.

The operating ROA increased from 8.38% in March 2022 to 12.34% in June 2024, indicating an improvement in the company's ability to generate operating income from its assets during this period. This suggests that Broadridge Financial Solutions Inc has been effectively utilizing its assets to generate profit.

Overall, Broadridge Financial Solutions Inc's operating ROA performance reflects a solid operational efficiency and profitability over the reported periods. It is important for the company to maintain and potentially improve its operating ROA to ensure sustainable financial health and continued growth.