DXC Technology Co (DXC)
Operating return on assets (Operating ROA)
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,016,000 | 1,157,000 | 1,375,000 | 1,102,000 | 2,061,000 |
| Total assets | US$ in thousands | 13,871,000 | 15,845,000 | 20,139,000 | 22,038,000 | 26,006,000 |
| Operating ROA | 7.32% | 7.30% | 6.83% | 5.00% | 7.93% |
March 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $1,016,000K ÷ $13,871,000K
= 7.32%
The operating return on assets (operating ROA) of DXC Technology Co has shown fluctuating trends over the past five years. The company's operating ROA was 7.32% as of March 31, 2024, which was slightly higher compared to the prior year's figure of 7.30% in 2023. This indicates a relatively stable performance in utilizing its assets to generate operating income.
Looking further back, the operating ROA was 6.83% in 2022, showing a moderate improvement from the prior year. However, in 2021, the operating ROA was notably lower at 5.00%, indicating a decrease in the efficiency of the company in generating operating income from its assets.
The highest operating ROA of the past five years was recorded in 2020 at 7.93%, suggesting a strong performance in that particular year. Overall, the fluctuation in operating ROA indicates varying levels of efficiency in utilizing assets to generate operating income, with the company experiencing both improvements and declines in performance over the years.
Peer comparison
Mar 31, 2024