Electronic Arts Inc (EA)

Return on assets (ROA)

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Net income	US$ in thousands	1,273,000	802,000	789,000	837,000	3,039,000
Total assets	US$ in thousands	13,420,000	13,459,000	13,800,000	13,288,000	11,112,000
ROA		9.49%	5.96%	5.72%	6.30%	27.35%

March 31, 2024 calculation

ROA = Net income ÷ Total assets
= $1,273,000K ÷ $13,420,000K
= 9.49%

Electronic Arts Inc's return on assets (ROA) has shown variability over the past five years. The ROA for the most recent fiscal year ending March 31, 2024, stands at 9.49%, reflecting an increase compared to the prior year's 5.96%. This improvement suggests that the company generated a higher level of profit relative to its total assets in the latest period.

When comparing the ROA for the latest fiscal year to the figures for the preceding years, we observe fluctuations. In the fiscal year ended March 31, 2023, the ROA was 5.96%, followed by 5.72% in 2022 and 6.30% in 2021. Notably, there was a significant spike in ROA in 2020, reaching 27.35%. This exceptionally high ROA in 2020 indicates that Electronic Arts Inc managed to generate substantial profits relative to its total assets in that specific year.

Overall, Electronic Arts Inc's ROA trend indicates some variability, with the latest fiscal year showing an improvement in asset utilization efficiency. It is essential for the company to sustain or improve its ROA figure to ensure optimal utilization of its assets in generating profits.