Dell Technologies Inc (DELL)
Operating return on assets (Operating ROA)
| Feb 2, 2024 | Feb 3, 2023 | Jan 28, 2022 | Jan 29, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 5,211,000 | 5,771,000 | 4,659,000 | 3,685,000 | 2,366,000 |
| Total assets | US$ in thousands | 82,089,000 | 89,611,000 | 92,735,000 | 123,415,000 | 118,861,000 |
| Operating ROA | 6.35% | 6.44% | 5.02% | 2.99% | 1.99% |
February 2, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $5,211,000K ÷ $82,089,000K
= 6.35%
The operating return on assets (operating ROA) for Dell Technologies Inc has shown a positive trend over the past five years. The operating ROA increased from 1.99% in January 2020 to 6.35% in February 2024, indicating improved efficiency in generating operating income relative to its total assets.
This upward trend suggests that Dell Technologies Inc has been able to effectively utilize its assets to generate operating profits. The company's ability to increase its operating ROA indicates improved operational efficiency and profitability.
Overall, the consistent improvement in operating ROA reflects positively on Dell Technologies Inc's management of its assets and operations over the years.
Peer comparison
Feb 2, 2024