DXC Technology Co (DXC)
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 | 1,016,000 | 1,053,000 | 1,104,000 | 1,122,000 | 1,157,000 | 1,179,000 | 1,225,000 | 1,302,000 | 1,375,000 | 1,362,000 | 1,307,000 | 1,244,000 | 1,102,000 | 1,125,000 | 1,353,000 | 1,599,000 | 2,061,000 | 2,536,000 | 2,848,000 | 3,118,000 |
| Total assets | US$ in thousands | 13,871,000 | 14,892,000 | 14,709,000 | 15,293,000 | 15,845,000 | 18,254,000 | 17,737,000 | 18,647,000 | 20,139,000 | 19,953,000 | 20,115,000 | 20,867,000 | 22,038,000 | 23,634,000 | 25,670,000 | 27,894,000 | 26,006,000 | 29,599,000 | 29,516,000 | 32,577,000 |
| Operating ROA | 7.32% | 7.07% | 7.51% | 7.34% | 7.30% | 6.46% | 6.91% | 6.98% | 6.83% | 6.83% | 6.50% | 5.96% | 5.00% | 4.76% | 5.27% | 5.73% | 7.93% | 8.57% | 9.65% | 9.57% |
March 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,016,000K ÷ $13,871,000K
= 7.32%
The operating return on assets (operating ROA) for DXC Technology Co has shown a fluctuating trend over the past several quarters. For the period ending March 31, 2024, the operating ROA stood at 7.32%, indicating that the company generated a return of 7.32 cents for every dollar of assets employed in its operations during that quarter.
Comparing this with the previous quarters, we observe a slight improvement from the fourth quarter of 2023, where the operating ROA was 7.07%. However, this figure has been relatively consistent within the range of 6.46% to 7.51% over the recent quarters, suggesting that the company's ability to generate operating income from its assets has remained steady.
It is important to note that the operating ROA peaked at 9.65% in the third quarter of 2019, followed by a gradual decline over subsequent quarters. The most recent figure of 7.32% indicates a recovery from the lower values seen in 2020 and early 2021.
Overall, the operating ROA trend for DXC Technology Co signifies a resilient performance in utilizing its assets to generate operating income, with a recent uptrend indicating potential operational improvements.
Peer comparison
Mar 31, 2024