F5 Networks Inc (FFIV)
Operating return on assets (Operating ROA)
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 658,591 | 472,568 | 403,792 | 394,025 | 392,267 |
| Total assets | US$ in thousands | 5,613,000 | 5,248,330 | 5,276,190 | 4,997,280 | 4,677,920 |
| Operating ROA | 11.73% | 9.00% | 7.65% | 7.88% | 8.39% |
September 30, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $658,591K ÷ $5,613,000K
= 11.73%
F5 Networks Inc's operating return on assets (operating ROA) has shown a positive trend over the past five years. The company's operating ROA increased from 8.39% in 2020 to 11.73% in 2024, indicating an improvement in the company's ability to generate operating income relative to its total assets.
The steady increase in operating ROA suggests that F5 Networks Inc has been effectively utilizing its assets to generate operating profits. This improvement could be a result of better cost management, operational efficiencies, revenue growth, or a combination of these factors.
Overall, the increasing trend in operating ROA demonstrates that F5 Networks Inc has been able to enhance its operational performance and profitability over the years, which can be viewed positively by investors and stakeholders.
Peer comparison
Sep 30, 2024