Electronic Arts Inc (EA)
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 | 1,518,000 | 1,332,000 | 1,129,000 | 1,046,000 | 1,445,000 |
| Total assets | US$ in thousands | 13,420,000 | 13,459,000 | 13,800,000 | 13,288,000 | 11,112,000 |
| Operating ROA | 11.31% | 9.90% | 8.18% | 7.87% | 13.00% |
March 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $1,518,000K ÷ $13,420,000K
= 11.31%
Electronic Arts Inc's operating return on assets (operating ROA) has shown a positive trend over the past five years. The operating ROA increased from 13.00% in March 2020 to 11.31% in March 2024, showing an overall improvement in the company's operational efficiency in generating profits from its assets.
The company's operating ROA was relatively steady between March 2021 and March 2023, ranging from 7.87% to 9.90%. However, there was a notable uptick to 11.31% in March 2024, indicating that Electronic Arts Inc effectively managed to increase its operating income in relation to its assets, potentially through cost control measures or improved operational performance.
Overall, the increasing trend in operating ROA suggests that Electronic Arts Inc has been able to enhance its profitability and efficiency in utilizing its assets effectively to generate operating income over the analyzed period. This could be a positive signal for investors and stakeholders indicating improved operational performance and financial health of the company.
Peer comparison
Mar 31, 2024