Cirrus Logic Inc (CRUS)

Operating return on assets (Operating ROA)

		Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Sep 23, 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
Operating income (ttm)	US$ in thousands	410,359	376,789	398,568	372,465	431,422	396,839	166,449	202,080	212,548	249,031	419,738	422,532	401,511	366,338	283,177	268,653	237,610	237,182	222,459	165,488
Total assets	US$ in thousands	2,327,070	2,363,240	2,356,140	2,265,620	2,231,580	2,217,110	2,104,450	2,104,450	2,056,590	2,063,970	2,165,890	2,164,070	2,105,900	2,123,400	2,068,120	2,226,160	1,814,010	1,830,610	1,825,630	1,699,860
Operating ROA		17.63%	15.94%	16.92%	16.44%	19.33%	17.90%	7.91%	9.60%	10.33%	12.07%	19.38%	19.52%	19.07%	17.25%	13.69%	12.07%	13.10%	12.96%	12.19%	9.74%

March 31, 2025 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $410,359K ÷ $2,327,070K
= 17.63%

Operating return on assets (Operating ROA) is a key financial ratio that measures a company's ability to generate operating income from its assets. Looking at the data provided for Cirrus Logic Inc, we can see fluctuations in the Operating ROA over the past few quarters.

The Operating ROA for Cirrus Logic Inc has shown an increasing trend from September 2020 to June 2022, reaching a peak of 19.52% by September 2022. This indicates that the company was able to generate more operating income relative to its total assets during this period.

However, there was a notable decline in the Operating ROA in the subsequent quarters, dropping to 7.91% by September 2023. This decrease suggests that the company's operating income generated from its assets decreased significantly during this period.

In the following quarters, there was a recovery in the Operating ROA, reaching 17.63% by March 2025. This uptick indicates that Cirrus Logic Inc improved its ability to generate operating income from its assets compared to the previous quarters.

Overall, Cirrus Logic Inc's Operating ROA has exhibited variability over the analyzed period, reflecting changes in the company's operating efficiency and profitability in utilizing its assets. Monitoring this ratio over time can provide insights into the company's operational performance and financial health.