Jacobs Solutions Inc. (J)
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 | 806,093 | 630,035 | 647,338 | 701,738 | 665,776 | 741,604 | 773,349 | 645,653 | 644,040 | 461,978 | 431,789 | 354,018 | 477,032 | 515,880 | 595,015 | 491,883 | 491,845 | 552,176 | 831,689 | 980,693 |
| 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 |
| ROA | 6.86% | 4.19% | 4.35% | 4.69% | 4.55% | 4.96% | 5.15% | 4.33% | 4.39% | 3.14% | 2.84% | 2.39% | 3.26% | 3.39% | 3.82% | 3.85% | 3.98% | 4.38% | 6.33% | 8.04% |
September 30, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $806,093K ÷ $11,759,000K
= 6.86%
The return on assets (ROA) for Jacobs Solutions Inc. has varied over the past several quarters. ROA measures the company's ability to generate profits relative to its total assets.
In the most recent quarter ending September 30, 2024, Jacobs Solutions Inc. achieved an ROA of 6.86%, indicating that the company generated 6.86 cents of profit for every dollar of assets it owns. This represents an increase compared to the previous quarter, where the ROA was 4.19%.
Looking further back, the trend in ROA for Jacobs Solutions Inc. shows fluctuations over the past few years. The company experienced peak performance in the quarter ending June 30, 2020, with an ROA of 8.04%, followed by a decline in the subsequent quarters. However, the ROA has been on an upward trajectory since then, indicating an improvement in the company's asset utilization and profitability.
Overall, Jacobs Solutions Inc. has shown a positive trend in its ROA, indicating that the company is effectively utilizing its assets to generate profits. It is important for investors and stakeholders to monitor this ratio over time to assess the company's operational efficiency and financial performance.
Peer comparison
Sep 30, 2024