Dynatrace Holdings LLC (DT)
Operating return on assets (Operating ROA)
| Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 128,400 | 124,708 | 122,875 | 108,005 | 92,811 | 91,009 | 78,337 | 79,189 | 81,307 | 84,530 | 87,422 | 89,002 | 91,896 | 79,079 | 62,527 | -114,827 | -171,939 | |||
| Total assets | US$ in thousands | 3,409,780 | 2,999,210 | 2,782,160 | 2,727,310 | 2,765,350 | 2,413,880 | 2,421,980 | 2,430,650 | 2,541,310 | 2,397,760 | 2,242,900 | 2,214,100 | 2,256,220 | 2,166,560 | 2,056,160 | 2,046,830 | 2,046,880 | 1,988,310 | 1,932,820 | 1,775,580 |
| Operating ROA | 3.77% | 4.16% | 4.42% | 3.96% | 3.36% | 3.77% | 3.23% | 3.26% | 3.20% | 3.53% | 3.90% | 4.02% | 4.07% | 3.65% | 3.04% | -5.61% | -8.40% |
March 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $128,400K ÷ $3,409,780K
= 3.77%
Operating Return on Assets (Operating ROA) is a financial metric that indicates how effectively a company is utilizing its assets to generate operating profits. It is calculated by dividing operating income by total assets.
In the case of Dynatrace Holdings LLC, the Operating ROA has varied over the past several quarters, ranging from as low as -8.40% in March 2020 to a high of 4.42% in September 2023.
The trend of the Operating ROA for Dynatrace Holdings LLC shows some fluctuations, with the ratio generally hovering around 3-4% in recent quarters. This indicates that the company has been able to generate operating profits relative to its total assets, albeit with some variability.
It is worth noting that the negative Operating ROA values in March and June 2020 may suggest operational challenges or inefficiencies during that period, possibly related to the impacts of the COVID-19 pandemic.
Overall, monitoring and analyzing the Operating ROA can provide valuable insights into Dynatrace Holdings LLC's operational efficiency and profitability in utilizing its assets to drive business performance.
Peer comparison
Mar 31, 2024