Hewlett Packard Enterprise Co (HPE)
Operating return on assets (Operating ROA)
| Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 2,190,000 | 2,004,000 | 1,928,000 | 2,023,000 | 2,089,000 | 1,243,000 | 1,238,000 | 925,000 | 782,000 | 1,471,000 | 1,287,000 | 1,358,000 | 1,132,000 | 927,000 | 657,000 | -455,000 | -329,000 | -14,000 | -102,000 | 1,166,000 |
| Total assets | US$ in thousands | 71,262,000 | 60,852,000 | 59,711,000 | 58,602,000 | 57,153,000 | 56,415,000 | 55,549,000 | 55,591,000 | 57,123,000 | 57,675,000 | 56,324,000 | 57,873,000 | 57,699,000 | 56,437,000 | 54,132,000 | 53,451,000 | 54,015,000 | 58,239,000 | 54,515,000 | 52,244,000 |
| Operating ROA | 3.07% | 3.29% | 3.23% | 3.45% | 3.66% | 2.20% | 2.23% | 1.66% | 1.37% | 2.55% | 2.28% | 2.35% | 1.96% | 1.64% | 1.21% | -0.85% | -0.61% | -0.02% | -0.19% | 2.23% |
October 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $2,190,000K ÷ $71,262,000K
= 3.07%
Hewlett Packard Enterprise Co's operating return on assets (Operating ROA) has shown fluctuations over the given periods. The Operating ROA ranged from -0.85% to 3.66% over the past two years, with the highest value reported in January 2024 and the lowest in January 2021.
The trend indicates an improvement in the company's ability to generate operating income from its assets in more recent periods compared to earlier ones. However, there are still fluctuations in performance, suggesting that the company may face challenges in consistently earning operating income relative to its asset base.
Overall, Hewlett Packard Enterprise Co's Operating ROA performance has been varying, and further analysis would be needed to understand the factors contributing to these fluctuations and to determine the sustainability of the improvement seen in the most recent periods.
Peer comparison
Oct 31, 2024