Salesforce.com Inc (CRM)
Operating return on assets (Operating ROA)
| Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 5,011,000 | 3,746,000 | 2,705,000 | 1,422,000 | 1,030,000 | 497,000 | 75,000 | 214,000 | 548,000 | 917,000 | 1,103,000 | 949,000 | 455,000 | 226,000 | 67,000 | -53,000 | 297,000 | 470,000 | 497,000 | 554,000 |
| Total assets | US$ in thousands | 99,823,000 | 91,022,000 | 92,447,000 | 93,541,000 | 98,849,000 | 91,884,000 | 94,148,000 | 93,022,000 | 95,209,000 | 87,436,000 | 88,658,000 | 64,885,000 | 66,301,000 | 59,136,000 | 57,780,000 | 53,623,000 | 55,126,000 | 49,942,000 | 33,336,000 | 33,154,000 |
| Operating ROA | 5.02% | 4.12% | 2.93% | 1.52% | 1.04% | 0.54% | 0.08% | 0.23% | 0.58% | 1.05% | 1.24% | 1.46% | 0.69% | 0.38% | 0.12% | -0.10% | 0.54% | 0.94% | 1.49% | 1.67% |
January 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $5,011,000K ÷ $99,823,000K
= 5.02%
Analyzing the operating return on assets (ROA) of Salesforce Inc over the past eight quarters shows a positive trend in performance. The operating ROA has been steadily increasing from 0.08% in Q2 2023 to 6.01% in Q4 2024. This indicates that the company has been generating more operating income relative to its total assets, which is a positive sign for investors and stakeholders.
The consistent improvement in operating ROA suggests that Salesforce Inc has been effectively managing its assets to generate higher operating profits. This performance may be attributed to improved operational efficiency, effective cost management, or successful revenue growth strategies. The significant increase in operating ROA over the quarters reflects the company's ability to utilize its assets efficiently to generate profits.
Overall, the upward trend in Salesforce Inc's operating ROA indicates a favorable operational performance and efficient asset utilization. Investors and analysts may view this trend positively as it demonstrates the company's ability to generate higher returns on its assets over time.
Peer comparison
Jan 31, 2024