Dell Technologies Inc (DELL)

Return on assets (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
Net income (ttm)	US$ in thousands	3,972,000	3,588,000	3,211,000	2,665,000	1,904,000	1,953,000	2,442,000	1,830,000	5,428,000	5,748,000	5,563,000	6,788,000	3,777,000	3,994,000	3,250,000	2,431,000	2,098,000	4,466,000	4,616,000	3,909,000
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
ROA		4.80%	4.47%	3.91%	3.20%	2.22%	2.32%	2.73%	2.15%	6.11%	6.50%	6.00%	5.00%	3.08%	3.28%	2.63%	2.04%	1.73%	3.71%	3.88%	3.35%

August 2, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $3,972,000K ÷ $82,687,000K
= 4.80%

Dell Technologies Inc's Return on Assets (ROA) has fluctuated over the past years, ranging from 1.73% to 6.50%. The trend indicates some variability in the company's ability to generate profits relative to its total assets. Overall, Dell's ROA has shown a general upward trend, with some fluctuations along the way. The highest ROA of 6.50% was recorded in May 3, 2024, while the lowest ROA of 1.73% was observed in July 31, 2020.

The increase in ROA suggests that Dell has become more efficient in generating profits from its assets over time. A higher ROA indicates that the company is effectively utilizing its assets to generate earnings. However, it is important to note that a fluctuating ROA may also indicate changes in the company's asset base or profitability. Further analysis of Dell's financial performance and business strategies is recommended to better understand the factors driving these fluctuations in ROA.