Keysight Technologies Inc (KEYS)
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 | 614,000 | 913,000 | 812,000 | 969,000 | 1,057,000 | 1,130,000 | 1,180,000 | 1,155,000 | 1,124,000 | 1,107,000 | 1,023,000 | 951,000 | 894,000 | 829,000 | 751,000 | 636,000 | 627,000 | 605,000 | 588,000 | 670,000 |
| Total assets | US$ in thousands | 9,269,000 | 9,323,000 | 8,988,000 | 9,060,000 | 8,683,000 | 8,826,000 | 8,708,000 | 8,448,000 | 8,098,000 | 7,852,000 | 7,764,000 | 7,728,000 | 7,781,000 | 7,804,000 | 7,686,000 | 7,494,000 | 7,218,000 | 7,161,000 | 6,757,000 | 6,841,000 |
| ROA | 6.62% | 9.79% | 9.03% | 10.70% | 12.17% | 12.80% | 13.55% | 13.67% | 13.88% | 14.10% | 13.18% | 12.31% | 11.49% | 10.62% | 9.77% | 8.49% | 8.69% | 8.45% | 8.70% | 9.79% |
October 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $614,000K ÷ $9,269,000K
= 6.62%
The return on assets (ROA) of Keysight Technologies Inc has shown a fluctuating trend over the past several quarters. The ROA ranged from a low of 6.62% in October 2024 to a high of 14.10% in July 2022. Generally, the company has maintained a relatively healthy ROA level above 8% throughout the period under review.
The higher ROA values indicate that the company is effectively generating profits relative to its total assets. The downward trend in recent quarters may suggest a potential decrease in efficiency in converting assets into earnings. It would be beneficial for stakeholders to monitor this trend closely to understand the underlying factors influencing the company's profitability and asset utilization.
Overall, a sustained focus on improving operational efficiency and profitability metrics would be crucial for Keysight Technologies Inc to enhance its return on assets in the future.
Peer comparison
Oct 31, 2024