Dynatrace Holdings LLC (DT)

Return on assets (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
Net income (ttm)	US$ in thousands	154,632	196,981	169,316	144,033	107,959	28,595	28,156	41,271	52,451	78,476	82,305	76,143	75,714	99,669	83,016	-351,797	-413,817
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
ROA		4.53%	6.57%	6.09%	5.28%	3.90%	1.18%	1.16%	1.70%	2.06%	3.27%	3.67%	3.44%	3.36%	4.60%	4.04%	-17.19%	-20.22%

March 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $154,632K ÷ $3,409,780K
= 4.53%

Dynatrace Holdings LLC's return on assets (ROA) has shown fluctuations over the historical period provided. The ROA ranged from -20.22% in the first quarter of 2020 to a peak of 6.57% in the fourth quarter of 2023, reflecting significant variability in the company's ability to generate profits from its assets. The ROA improved steadily from negative figures in early 2020 to positive levels in subsequent quarters, indicating potential improvements in asset utilization or profitability. However, there was a notable decline in ROA in the first quarter of 2022, followed by a recovery and relatively stable performance in the following periods.

Overall, Dynatrace's ROA performance suggests a mix of challenges and improvements in effectively using its assets to generate returns for shareholders. Monitoring this ratio over time can provide insights into the company's efficiency in generating profits relative to its asset base.