F5 Networks Inc (FFIV)

Return on assets (ROA)

		Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019
Net income (ttm)	US$ in thousands	566,778	553,616	498,513	460,928	394,948	332,160	326,203	301,003	322,160	343,532	350,117	337,122	331,241	298,186	278,454	296,592	307,441	324,615	340,648	395,356
Total assets	US$ in thousands	5,613,000	5,414,450	5,384,670	5,348,860	5,248,330	5,119,160	5,223,250	5,085,570	5,276,190	5,021,290	5,077,170	5,086,910	4,997,280	4,785,120	4,519,190	4,899,340	4,677,920	4,573,360	4,440,980	3,875,360
ROA		10.10%	10.22%	9.26%	8.62%	7.53%	6.49%	6.25%	5.92%	6.11%	6.84%	6.90%	6.63%	6.63%	6.23%	6.16%	6.05%	6.57%	7.10%	7.67%	10.20%

September 30, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $566,778K ÷ $5,613,000K
= 10.10%

The return on assets (ROA) for F5 Networks Inc has shown a generally positive trend over the past few quarters, ranging from 5.92% to 10.22%. ROA measures the company's ability to generate profits from its assets, with a higher ROA indicating more efficient asset utilization.

In the most recent quarter, the Sep 30, 2024, the ROA stood at 10.10%, showing a slight decrease from the previous quarter but still at a relatively healthy level. This suggests that F5 Networks Inc continues to effectively generate profits relative to its total assets.

Overall, the company's ROA has been trending upwards, with occasional fluctuations, which could be influenced by various factors such as changes in revenue, expenses, or asset base. Investors and stakeholders may view this positive trend in ROA as a sign of improving operational efficiency and profitability for F5 Networks Inc.