Fair Isaac Corporation (FICO)

Return on assets (ROA)

		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	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	452,797	429,375	418,650	383,392	386,225	373,541	368,562	426,260	390,551	392,084	365,490	278,368	267,982	236,411	231,869	231,945	207,038	192,124	170,253	135,822
Total assets	US$ in thousands	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	1,433,450	1,373,800	1,328,110
ROA		28.41%	27.26%	26.42%	25.52%	26.48%	25.90%	25.30%	28.68%	26.69%	25.01%	23.00%	17.62%	16.99%	14.72%	14.82%	14.94%	13.40%	13.40%	12.39%	10.23%

December 31, 2023 calculation

ROA = Net income (ttm) ÷ Total assets
= $452,797K ÷ $1,593,520K
= 28.41%

Fair, Isaac Corp.'s return on assets (ROA) has shown a consistent and positive trend over the past eight quarters. The company's ROA has been consistently strong, with values ranging from 25.30% to 28.68%. This indicates that the company has been efficient in generating profits from its assets throughout the period. The ROA peaked at 28.68% in the first quarter of 2022 and has remained relatively stable since then, only fluctuating within a narrow range. This suggests that the company has been effectively utilizing its assets to generate income. Overall, the trend in Fair, Isaac Corp.'s ROA reflects a positive performance in terms of the profitability of its asset base.