Doximity Inc (DOCS)
Return on assets (ROA)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 223,185 | 147,582 | 112,818 | 154,783 | 50,210 |
| Total assets | US$ in thousands | — | 1,079,370 | 1,136,890 | 991,357 | 251,719 |
| ROA | — | 13.67% | 9.92% | 15.61% | 19.95% |
March 31, 2025 calculation
ROA = Net income ÷ Total assets
= $223,185K ÷ $—K
= —
The return on assets (ROA) for Doximity Inc has shown a fluctuating trend over the past five years. It stood at a strong 19.95% as of March 31, 2021, indicating that the company was generating $0.1995 in net income for every dollar of assets held. This figure declined to 15.61% by March 31, 2022, suggesting a decrease in the profitability generated from its assets.
Subsequently, the ROA further decreased to 9.92% by March 31, 2023, reflecting a potential inefficiency in asset utilization or decreased profitability. However, there was a recovery in the following year, with the ROA increasing to 13.67% as of March 31, 2024, indicating an improvement in generating profit from its assets.
Notably, the data for March 31, 2025 is missing, represented by an em dash. This absence of data suggests a potential gap in the analysis for that period. Overall, it is essential for stakeholders to monitor Doximity Inc's ROA closely to assess its efficiency in generating profits from its assets and to evaluate its financial performance and operational effectiveness.
Peer comparison
Mar 31, 2025