Fair Isaac Corporation (FICO)

Operating return on assets (Operating 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
Operating income (ttm)	US$ in thousands	733,629	702,150	688,930	653,850	642,830	611,287	574,871	567,167	542,414	523,443	577,212	526,354	505,489	475,794	364,281	338,808	295,969	280,766	283,603	256,426
Total assets	US$ in thousands	1,717,880	1,708,830	1,703,120	1,593,520	1,575,280	1,584,570	1,502,430	1,458,690	1,442,030	1,456,840	1,486,480	1,463,310	1,567,780	1,589,160	1,579,610	1,576,860	1,606,240	1,564,120	1,552,130	1,545,040
Operating ROA		42.71%	41.09%	40.45%	41.03%	40.81%	38.58%	38.26%	38.88%	37.61%	35.93%	38.83%	35.97%	32.24%	29.94%	23.06%	21.49%	18.43%	17.95%	18.27%	16.60%

September 30, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $733,629K ÷ $1,717,880K
= 42.71%

Fair Isaac Corporation's operating return on assets (ROA) has been fluctuating over the past eight quarters, ranging from a low of 16.60% in March 2020 to a high of 42.71% in September 2024. The operating ROA peaked in the most recent quarter, indicating improved efficiency in generating profits from its assets.

The upward trend in operating ROA from 2021 to 2024 suggests that Fair Isaac Corporation has been able to enhance its operational performance and generate more income relative to its asset base. The company's ability to maintain high operating ROA levels indicates effective management of its assets to drive profitability.

It is important to note that the operating ROA experienced a significant dip in the quarter ending in March 2021, but since then, it has shown a consistent upward trajectory. This indicates that any issues affecting operating performance in early 2021 were likely addressed and improved upon in subsequent quarters.

Overall, Fair Isaac Corporation's operating ROA demonstrates a positive trend and reflects the company's ability to efficiently utilize its assets to generate profits.