Fair Isaac Corporation (FICO)

Return on assets (ROA)

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Net income	US$ in thousands	512,811	429,375	373,541	392,084	236,411
Total assets	US$ in thousands	1,717,880	1,575,280	1,442,030	1,567,780	1,606,240
ROA		29.85%	27.26%	25.90%	25.01%	14.72%

September 30, 2024 calculation

ROA = Net income ÷ Total assets
= $512,811K ÷ $1,717,880K
= 29.85%

Fair Isaac Corporation's Return on Assets (ROA) has shown a consistent upward trend over the past five years, increasing from 14.72% in 2020 to 29.85% in 2024. This indicates an improvement in the company's ability to generate profits relative to its total assets.

The significant increase in ROA suggests that Fair Isaac Corporation has been efficiently utilizing its assets to generate earnings, which is a positive sign for investors and stakeholders. It may also indicate improved operational efficiency, effective management of resources, or successful strategic decisions.

The company's consistently high ROA levels demonstrate solid financial performance and profitability. This trend of increasing ROA over the years reflects favorably on Fair Isaac Corporation’s overall financial health and management effectiveness.