F5 Networks Inc (FFIV)
Return on assets (ROA)
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 566,778 | 394,948 | 322,160 | 331,241 | 307,441 |
| Total assets | US$ in thousands | 5,613,000 | 5,248,330 | 5,276,190 | 4,997,280 | 4,677,920 |
| ROA | 10.10% | 7.53% | 6.11% | 6.63% | 6.57% |
September 30, 2024 calculation
ROA = Net income ÷ Total assets
= $566,778K ÷ $5,613,000K
= 10.10%
Over the past five years, F5 Networks Inc has shown a positive trend in its return on assets (ROA) performance, with ROA increasing from 6.57% in 2020 to 10.10% in 2024. This indicates that the company has been able to generate more profit relative to its total assets over this period. The consistent improvement in ROA demonstrates effective asset management and profitability growth. However, it is important to note that while the ROA has been increasing, it dipped in 2023 before recovering and reaching a peak in 2024. Overall, the upward trajectory in ROA suggests that F5 Networks Inc has been efficiently utilizing its assets to generate profits for its stakeholders.
Peer comparison
Sep 30, 2024