Dell Technologies Inc (DELL)
Operating return on assets (Operating ROA)
| Aug 2, 2024 | May 3, 2024 | Feb 2, 2024 | Nov 3, 2023 | Aug 4, 2023 | May 5, 2023 | Feb 3, 2023 | Oct 28, 2022 | Jul 29, 2022 | Apr 29, 2022 | Jan 28, 2022 | Oct 29, 2021 | Jul 30, 2021 | Apr 30, 2021 | Jan 29, 2021 | Oct 30, 2020 | Jul 31, 2020 | May 1, 2020 | Jan 31, 2020 | Nov 1, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 5,239,000 | 5,062,000 | 5,211,000 | 4,909,000 | 5,185,000 | 5,290,000 | 5,771,000 | 6,191,000 | 5,475,000 | 5,222,000 | 4,659,000 | 3,768,000 | 3,851,000 | 3,970,000 | 3,685,000 | 3,428,000 | 3,135,000 | 2,518,000 | 2,366,000 | 2,236,000 |
| Total assets | US$ in thousands | 82,687,000 | 80,190,000 | 82,089,000 | 83,264,000 | 85,658,000 | 84,094,000 | 89,611,000 | 85,172,000 | 88,775,000 | 88,406,000 | 92,735,000 | 135,677,000 | 122,678,000 | 121,752,000 | 123,415,000 | 118,948,000 | 121,276,000 | 120,236,000 | 118,861,000 | 116,814,000 |
| Operating ROA | 6.34% | 6.31% | 6.35% | 5.90% | 6.05% | 6.29% | 6.44% | 7.27% | 6.17% | 5.91% | 5.02% | 2.78% | 3.14% | 3.26% | 2.99% | 2.88% | 2.59% | 2.09% | 1.99% | 1.91% |
August 2, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $5,239,000K ÷ $82,687,000K
= 6.34%
Dell Technologies Inc's operating return on assets (ROA) has shown fluctuations over the past 20 quarters. On average, the company's operating ROA has been around 5-6%, with a peak of 7.27% in October 2022 and a low of 1.91% in November 2019. The upward trend in operating ROA from November 2019 to February 2023 indicates improved operational efficiency and asset utilization. However, there was a decline in operating ROA from February 2023 to January 2024, before a slight increase in August 2024.
Overall, Dell's operating ROA has generally been stable in recent quarters, indicating that the company is effectively generating profits from its assets to support its operations. It is essential for Dell to continue monitoring and managing its asset utilization to sustain and potentially enhance its operating ROA in the long run.
Peer comparison
Aug 2, 2024