CACI International Inc (CACI)
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 | 649,708 | 600,754 | 574,484 | 572,046 | 567,500 | 538,541 | 508,863 | 502,103 | 496,329 | 488,542 | 514,624 | 532,056 | 539,451 | 561,077 | 523,315 | 491,963 | 457,696 | 405,116 | 386,348 | 378,424 |
Total assets | US$ in thousands | 6,796,100 | 6,804,380 | 6,658,440 | 6,737,470 | 6,600,810 | 6,651,560 | 6,554,550 | 6,524,880 | 6,629,430 | 6,576,750 | 6,750,690 | 6,179,310 | 6,172,370 | 5,970,420 | 5,851,480 | 5,950,370 | 5,542,470 | 5,546,480 | 5,526,700 | 5,438,180 |
Operating ROA | 9.56% | 8.83% | 8.63% | 8.49% | 8.60% | 8.10% | 7.76% | 7.70% | 7.49% | 7.43% | 7.62% | 8.61% | 8.74% | 9.40% | 8.94% | 8.27% | 8.26% | 7.30% | 6.99% | 6.96% |
June 30, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $649,708K ÷ $6,796,100K
= 9.56%
The operating return on assets (operating ROA) for CACI International Inc has shown a generally increasing trend over the past few quarters, starting from 6.96% in Q4 2019 and reaching 9.56% in Q2 2024. This indicates that the company has been able to generate more operating income relative to its total assets.
Although there have been fluctuations in the operating ROA from quarter to quarter, the overall trend suggests that CACI International Inc has been effectively utilizing its assets to generate operating profits. The upward trend in the operating ROA indicates improved operational efficiency and profitability for the company.
Investors and stakeholders may view this positively as it shows that CACI International Inc is efficiently using its assets to generate profits from its core business operations. It also suggests that the company's management is effectively managing its assets to drive profitability.
Peer comparison
Jun 30, 2024