KLA-Tencor Corporation (KLAC)

Operating return on assets (Operating ROA)

Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021 Jun 30, 2020
Operating income US$ in thousands 3,092,500 3,408,320 3,261,850 2,113,450 1,051,250
Total assets US$ in thousands 15,433,600 14,072,400 12,597,100 10,271,100 9,279,960
Operating ROA 20.04% 24.22% 25.89% 20.58% 11.33%

June 30, 2024 calculation

Operating ROA = Operating income ÷ Total assets
= $3,092,500K ÷ $15,433,600K
= 20.04%

The operating return on assets (operating ROA) of KLA-Tencor Corporation has exhibited a fluctuating trend over the past five years, with values ranging from 11.33% in June 2020 to 25.89% in June 2022. The highest operating ROA was recorded in June 2022 at 25.89%, indicating that for every dollar of assets, the company generated a return of 25.89% from its operations.

However, there was a slight decline in the operating ROA in the most recent period, with a value of 20.04% in June 2024. Although the operating ROA decreased compared to the prior year, it is still at a relatively healthy level, demonstrating that the company continues to efficiently generate earnings from its assets.

Overall, the trend in operating ROA suggests that KLA-Tencor Corporation has been effectively utilizing its assets to generate operating income, although there have been fluctuations in performance over the five-year period. Analysts may want to further investigate the factors contributing to the changes in operating ROA to gain a deeper understanding of the company's operational efficiency and profitability.


Peer comparison

Jun 30, 2024

Company name
Symbol
Operating ROA
KLA-Tencor Corporation
KLAC
20.04%
Coherent Inc
COHR
0.66%