Hewlett Packard Enterprise Co (HPE)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 2,579,000 | 1,855,000 | 1,807,000 | 1,911,000 | 2,025,000 | 1,079,000 | 1,024,000 | 856,000 | 868,000 | 3,725,000 | 3,708,000 | 3,717,000 | 3,427,000 | 1,031,000 | 648,000 | -432,000 | -322,000 | 1,000 | -35,000 | 1,205,000 |
| 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 |
| ROA | 3.62% | 3.05% | 3.03% | 3.26% | 3.54% | 1.91% | 1.84% | 1.54% | 1.52% | 6.46% | 6.58% | 6.42% | 5.94% | 1.83% | 1.20% | -0.81% | -0.60% | 0.00% | -0.06% | 2.31% |
October 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $2,579,000K ÷ $71,262,000K
= 3.62%
Hewlett Packard Enterprise Co has shown fluctuating return on assets (ROA) over the past few years. The ROA has ranged from negative figures to as high as 6.58%. In the most recent quarter, the company had an ROA of 3.62%, which indicates that for every dollar of assets, the company generated a profit of 3.62 cents.
The company's ROA has generally been positive over the last few quarters, with occasional dips into negative territory in early 2020 and early 2021. This suggests that the company has been able to effectively generate profits relative to its total assets, although there have been periods of underperformance.
It's important for stakeholders to monitor Hewlett Packard Enterprise Co's ROA over time to assess the company's efficiency in utilizing its assets to generate profits. Additionally, analyzing the trends in ROA can provide insights into the company's financial health and performance in comparison to industry peers.
Peer comparison
Oct 31, 2024
See also:
Hewlett Packard Enterprise Co Return on Assets (ROA) (Quarterly Data)