Jacobs Solutions Inc. (J)
Operating return on assets (Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 692,436 | 664,589 | 661,290 | 767,909 | 863,714 | 1,003,896 | 1,101,970 | 978,322 | 917,850 | 860,827 | 858,811 | 651,484 | 688,091 | 459,048 | 389,678 | 598,568 | 535,973 | 612,585 | 508,163 | 443,066 |
| Total assets | US$ in thousands | 11,759,000 | 15,048,300 | 14,897,600 | 14,952,200 | 14,617,100 | 14,936,700 | 15,002,600 | 14,918,200 | 14,660,400 | 14,722,200 | 15,183,300 | 14,804,100 | 14,632,600 | 15,209,300 | 15,562,100 | 12,767,600 | 12,354,400 | 12,611,800 | 13,134,600 | 12,200,600 |
| Operating ROA | 5.89% | 4.42% | 4.44% | 5.14% | 5.91% | 6.72% | 7.35% | 6.56% | 6.26% | 5.85% | 5.66% | 4.40% | 4.70% | 3.02% | 2.50% | 4.69% | 4.34% | 4.86% | 3.87% | 3.63% |
September 30, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $692,436K ÷ $11,759,000K
= 5.89%
The operating return on assets (operating ROA) of Jacobs Solutions Inc. has shown fluctuating trends over the past few quarters. The operating ROA was relatively high at 7.35% in the first quarter of 2023 but has since declined gradually. As of September 30, 2024, the operating ROA stood at 5.89%.
Despite the fluctuations, Jacobs Solutions Inc. has generally maintained a positive operating ROA throughout the period under review, indicating that the company has been generating reasonable returns from its operational activities in relation to its total assets. However, the downward trend in the operating ROA over the past few quarters may suggest potential challenges in optimizing asset utilization and operational efficiency.
Further analysis and comparison with industry benchmarks would be necessary to assess Jacobs Solutions Inc.'s performance relative to its peers and determine the effectiveness of its asset management strategies in generating profitability from operations.
Peer comparison
Sep 30, 2024