KLA-Tencor Corporation (KLAC)
Operating return on assets (Operating ROA)
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 5,241,040 | 3,635,680 | 3,994,700 | 3,654,180 | 2,488,480 |
| Total assets | US$ in thousands | 16,067,900 | 15,433,600 | 14,072,400 | 12,597,100 | 10,271,100 |
| Operating ROA | 32.62% | 23.56% | 28.39% | 29.01% | 24.23% |
June 30, 2025 calculation
Operating ROA = Operating income ÷ Total assets
= $5,241,040K ÷ $16,067,900K
= 32.62%
The operating return on assets (operating ROA) of KLA-Tencor Corporation has exhibited notable fluctuations over the specified period from June 30, 2021, to June 30, 2025. As of June 30, 2021, the operating ROA stood at 24.23%, indicating a solid utilization of the company's assets to generate operating income. This metric increased significantly by June 30, 2022, reaching 29.01%, reflecting improvements in operational efficiency or higher operating profit relative to asset base. The upward trend continued into June 30, 2023, with the operating ROA marginally decreasing to 28.39%, which might suggest slight operational or asset utilization adjustments but still maintaining a high performance level.
However, a notable decline occurred in the subsequent year, with the operating ROA decreasing to 23.56% as of June 30, 2024. This decline could be attributable to a reduction in operating profitability, increased asset base without proportional profit growth, or changes in operational efficiency. Despite this decrease, the metric rose again significantly by June 30, 2025, reaching 32.62%, indicating a substantial improvement in the company's operational performance or asset management during this period.
Overall, the trend in KLA-Tencor's operating ROA demonstrates periods of strong operational efficiency interspersed with fluctuations, but notably, the recent increase to 32.62% suggests a robust year of asset utilization and profitability, which may reflect successful operational strategies or favorable market conditions impacting the company's performance.
Peer comparison
Jun 30, 2025