Salesforce.com Inc (CRM)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 4,136,000 | 2,592,000 | 1,578,000 | 379,000 | 208,000 | 278,000 | 536,000 | 1,003,000 | 1,444,000 | 1,739,000 | 2,352,000 | 4,442,000 | 4,072,000 | 3,557,000 | 2,367,000 | -167,000 | 126,000 | 736,000 | 950,000 | 1,158,000 |
| 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 |
| ROA | 4.14% | 2.85% | 1.71% | 0.41% | 0.21% | 0.30% | 0.57% | 1.08% | 1.52% | 1.99% | 2.65% | 6.85% | 6.14% | 6.01% | 4.10% | -0.31% | 0.23% | 1.47% | 2.85% | 3.49% |
January 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $4,136,000K ÷ $99,823,000K
= 4.14%
The Return on Assets (ROA) for Salesforce Inc has shown a positive trend over the past eight quarters. The ROA increased steadily from 0.21% in Q4 2023 to 4.14% in Q4 2024, indicating that the company's ability to generate profit from its assets improved significantly during this period.
The consistent upward trend in ROA suggests that Salesforce Inc has been effectively utilizing its assets to generate earnings. This indicates operational efficiency and effective management of resources, which is a positive signal for investors.
Overall, the improving ROA performance of Salesforce Inc reflects positively on the company's profitability and efficiency in using its assets to generate returns for its stakeholders.
Peer comparison
Jan 31, 2024