Crowdstrike Holdings Inc (CRWD)

Return on assets (ROA)

		Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021	Jan 31, 2020
Net income	US$ in thousands	89,327	-183,245	-234,802	-92,629	-141,779
Total assets	US$ in thousands	6,646,520	5,026,540	3,618,380	2,732,530	1,404,910
ROA		1.34%	-3.65%	-6.49%	-3.39%	-10.09%

January 31, 2024 calculation

ROA = Net income ÷ Total assets
= $89,327K ÷ $6,646,520K
= 1.34%

Crowdstrike Holdings Inc's return on assets (ROA) has shown a varied performance over the past five years. In the most recent fiscal year ending January 31, 2024, the company's ROA stood at 1.34%, indicating that the company generated a profit of 1.34 cents for every dollar of assets it owns. This represents an improvement compared to the previous year, where the ROA was -3.65%.

Looking further back, the trend reveals fluctuations in ROA, with negative returns in the fiscal years ending January 31, 2023, January 31, 2022, and January 31, 2020 at -3.65%, -6.49%, and -10.09% respectively. These negative figures suggest that the company was less effective in generating profits relative to its asset base in those years.

It is worth noting that the ROA improved in the last two years, which may indicate better utilization of assets to generate earnings. However, the negative ROA figures in previous years suggest that the company faced challenges in converting its assets into profitability. Overall, Crowdstrike Holdings Inc's ROA trend highlights the importance of effectively managing and utilizing its assets to drive profitability and create value for its stakeholders.