CACI International Inc (CACI)
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 | 649,708 | 567,500 | 496,329 | 539,451 | 457,696 |
| Total assets | US$ in thousands | 6,796,100 | 6,600,810 | 6,629,430 | 6,172,370 | 5,542,470 |
| Operating ROA | 9.56% | 8.60% | 7.49% | 8.74% | 8.26% |
June 30, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $649,708K ÷ $6,796,100K
= 9.56%
The operating return on assets (operating ROA) for CACI International Inc has shown a consistent upward trend from 8.26% in Jun 30, 2020 to 9.56% in Jun 30, 2024. This indicates that the company has been able to generate more operating income relative to its total assets over the years.
The operating ROA of CACI International Inc was 8.60% in Jun 30, 2023, 7.49% in Jun 30, 2022, and 8.74% in Jun 30, 2021. Despite a slight dip in 2022, the overall trend suggests operational efficiency and effective asset utilization by the company.
A higher operating ROA signifies that CACI International Inc is effectively utilizing its assets to generate operating income. Investors and stakeholders generally view an increasing trend in operating ROA positively, as it indicates improved operational performance and efficiency of the company.
It is essential for CACI International Inc to sustain or improve its operating ROA over time to ensure long-term profitability and competitiveness in the industry. Monitoring and analyzing this metric can provide valuable insights into the company's operational effectiveness and efficiency in generating profits from its assets.
Peer comparison
Jun 30, 2024