Jacobs Solutions Inc. (J)
Operating return on assets (Operating ROA)
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 692,436 | 676,484 | 917,850 | 688,089 | 535,973 |
| Total assets | US$ in thousands | 11,759,000 | 14,617,100 | 14,660,400 | 14,632,600 | 12,354,400 |
| Operating ROA | 5.89% | 4.63% | 6.26% | 4.70% | 4.34% |
September 30, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $692,436K ÷ $11,759,000K
= 5.89%
Based on the data provided for Jacobs Solutions Inc., the operating return on assets (operating ROA) has shown fluctuations over the past five years. In Sep 2024, the operating ROA increased to 5.89% from 4.63% in Sep 2023. This indicates an improvement in the company's ability to generate operating income relative to its total assets.
Compared to the previous years, the operating ROA in Sep 2024 is higher than in Sep 2021 and Sep 2020, indicating enhanced operational efficiency and asset utilization. However, it is slightly lower than the operating ROA in Sep 2022.
It is important for Jacobs Solutions Inc. to continue monitoring and improving its operating ROA to ensure sustainable profitability and efficient use of its assets in the long term. Further analysis of the company's operations and asset management strategies may provide insights into the factors influencing these fluctuations in operating ROA over the years.
Peer comparison
Sep 30, 2024