Fair Isaac Corporation (FICO)

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	512,811	478,544	481,046	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
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
ROA		29.85%	28.00%	28.24%	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%

September 30, 2024 calculation

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

Fair Isaac Corporation's return on assets (ROA) has been relatively stable and improving over the past few quarters. ROA increased from 13.40% in Q4 2019 to 29.85% in Q3 2024, indicating a significant improvement in the company's ability to generate profits from its assets.

The consistent upward trend in ROA reflects the management's effective utilization of the company's assets to generate earnings. This trend suggests that the company has been successful in optimizing its asset base and operational efficiency.

Fair Isaac Corporation's ROA outperformed its historical averages, reaching a peak of 29.85% in the most recent quarter. This indicates that the company has been able to generate higher returns relative to its asset base compared to previous periods.

Overall, the increasing trend in ROA for Fair Isaac Corporation reflects positively on the company's financial performance and efficiency in managing its assets to drive profitability.