DocuSign Inc (DOCU)

Operating return on assets (Operating ROA)

Jan 31, 2025 Jan 31, 2024 Jan 31, 2023 Jan 31, 2022 Jan 31, 2021
Operating income US$ in thousands 199,928 31,634 -88,031 -61,884 -173,855
Total assets US$ in thousands 4,012,700 2,971,290 3,012,720 2,541,260 2,336,510
Operating ROA 4.98% 1.06% -2.92% -2.44% -7.44%

January 31, 2025 calculation

Operating ROA = Operating income ÷ Total assets
= $199,928K ÷ $4,012,700K
= 4.98%

The operating return on assets (operating ROA) of DocuSign Inc has shown improvements over the past few years. In January 2021, the operating ROA was at a negative 7.44%, indicating that the company was generating losses relative to its assets. However, by January 2025, the operating ROA had increased to a positive 4.98%, indicating that the company was able to generate a profit of 4.98% on its assets.

This improvement suggests that DocuSign Inc has been able to effectively utilize its assets to generate operating income. The trend from negative to positive operating ROA indicates that the company has been able to enhance its operational efficiency and profitability over the period analyzed. It is important for investors and stakeholders to monitor this ratio as it provides insights into the company's ability to generate profits from its assets.