DXC Technology Co (DXC)
Return on assets (ROA)
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 91,000 | -568,000 | 718,000 | -149,000 | -5,369,000 |
| Total assets | US$ in thousands | 13,871,000 | 15,845,000 | 20,139,000 | 22,038,000 | 26,006,000 |
| ROA | 0.66% | -3.58% | 3.57% | -0.68% | -20.65% |
March 31, 2024 calculation
ROA = Net income ÷ Total assets
= $91,000K ÷ $13,871,000K
= 0.66%
The return on assets (ROA) of DXC Technology Co has fluctuated significantly over the past five years, with values ranging from a low of -20.65% in 2020 to a high of 3.57% in 2022.
The company experienced a negative ROA in 2020 and 2023, indicating that it generated a net loss relative to its total assets in those years. However, in 2022, DXC Technology Co reported a healthy ROA of 3.57%, which suggests efficient utilization of assets to generate profits.
In 2024, the ROA improved to 0.66%, indicating a moderate return on assets compared to previous years. This improvement may indicate better operational efficiency or cost management within the company.
Overall, the fluctuating ROA of DXC Technology Co over the past five years reflects changes in the company's profitability and efficiency in generating returns from its assets. It is important for investors and stakeholders to closely monitor these trends to assess the company's financial health and performance.
Peer comparison
Mar 31, 2024