Crowdstrike Holdings Inc (CRWD)

Operating return on assets (Operating ROA)

		Apr 30, 2024	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
Operating income (ttm)	US$ in thousands	24,397	-1,995	-93,166	-152,751	-185,685	-190,112	-152,146	-135,988	-135,084	-142,548	-134,817	-118,712	-101,300	-92,529	-107,858	-122,217	-142,865	-146,064
Total assets	US$ in thousands	6,841,980	6,646,520	5,831,060	5,520,460	5,137,860	5,026,540	4,469,440	4,154,240	3,835,840	3,618,380	3,299,620	3,136,040	2,881,170	2,732,530	1,749,510	1,616,950	1,519,400	1,404,910	1,256,050	1,171,590
Operating ROA		0.36%	-0.03%	-1.60%	-2.77%	-3.61%	-3.78%	-3.40%	-3.27%	-3.52%	-3.94%	-4.09%	-3.79%	-3.52%	-3.39%	-6.17%	-7.56%	-9.40%	-10.40%

April 30, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $24,397K ÷ $6,841,980K
= 0.36%

Crowdstrike Holdings Inc's operating return on assets (operating ROA) has shown a varying trend over the past several quarters. The operating ROA was positive at 0.36% as of April 30, 2024, after experiencing negative values in the preceding quarters, reaching a low of -10.40% on October 31, 2019. This improvement indicates that the company's operating income generated from its assets has increased relative to previous periods.

However, it's important to note that the company's operating ROA has fluctuated significantly over time, with negative values dominating the trend. This suggests that Crowdstrike Holdings Inc may be facing challenges in efficiently utilizing its assets to generate operating profits. The negative operating ROA figures indicate that the company may need to optimize its asset utilization or improve its operating efficiency to enhance profitability.

In conclusion, while there was a recent improvement in Crowdstrike Holdings Inc's operating ROA, the company needs to focus on sustainable strategies to consistently enhance its operating performance and generate positive returns from its assets.