DocuSign Inc (DOCU)
Return on assets (ROA)
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,067,885 | 1,011,635 | 988,017 | 107,201 | 73,980 | 51,602 | -17,069 | -69,542 | -97,454 | -132,762 | -108,572 | -88,995 | -69,976 | -111,943 | -164,758 | -203,817 | -243,267 | -218,262 | -206,369 | -210,441 |
| Total assets | US$ in thousands | 4,012,700 | 3,770,210 | 3,753,940 | 2,926,690 | 2,971,290 | 3,337,630 | 3,267,400 | 3,129,900 | 3,012,720 | 2,731,580 | 2,667,350 | 2,574,130 | 2,541,260 | 2,410,500 | 2,355,690 | 2,297,120 | 2,336,510 | 2,051,120 | 2,053,310 | 1,921,490 |
| ROA | 26.61% | 26.83% | 26.32% | 3.66% | 2.49% | 1.55% | -0.52% | -2.22% | -3.23% | -4.86% | -4.07% | -3.46% | -2.75% | -4.64% | -6.99% | -8.87% | -10.41% | -10.64% | -10.05% | -10.95% |
January 31, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $1,067,885K ÷ $4,012,700K
= 26.61%
DocuSign Inc's return on assets (ROA) has shown a significant improvement over the past few years. The company experienced negative ROA figures ranging from -10.95% in April 2020 to -6.99% in July 2021. However, starting from October 2023, the trend shifted positively, with ROA turning positive at 1.55%, indicating better utilization of assets to generate profits.
The positive momentum continued with ROA steadily increasing to 26.61% in January 2025. This implies that the company has been more efficient in generating profits relative to its total assets. Overall, the improving trend in DocuSign's ROA suggests that the company is effectively managing its assets to generate higher returns for its stakeholders.
Peer comparison
Jan 31, 2025