NVIDIA Corporation (NVDA)
Operating return on assets (Operating ROA)
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Jan 28, 2024 | Oct 31, 2023 | Oct 29, 2023 | Jul 31, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 29, 2023 | Oct 31, 2022 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Apr 30, 2022 | Jan 31, 2022 | Jan 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 81,454,000 | 71,034,000 | 62,779,000 | 54,554,000 | 48,062,000 | 41,248,000 | 34,434,000 | 26,157,000 | 16,996,000 | 11,452,000 | 5,253,000 | 3,714,000 | 2,957,000 | 3,569,000 | 4,836,000 | 7,205,000 | 9,676,000 | 10,479,000 | 11,055,000 | 10,529,000 |
| Total assets | US$ in thousands | 111,601,000 | 96,013,000 | 85,227,000 | 77,072,000 | 65,728,000 | 65,728,000 | 54,148,000 | 54,148,000 | 49,555,000 | 49,555,000 | 44,460,000 | 41,182,000 | 41,182,000 | 40,488,000 | 40,488,000 | 43,476,000 | 45,212,000 | 45,212,000 | 44,187,000 | 44,187,000 |
| Operating ROA | 72.99% | 73.98% | 73.66% | 70.78% | 73.12% | 62.76% | 63.59% | 48.31% | 34.30% | 23.11% | 11.82% | 9.02% | 7.18% | 8.81% | 11.94% | 16.57% | 21.40% | 23.18% | 25.02% | 23.83% |
January 31, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $81,454,000K ÷ $111,601,000K
= 72.99%
NVIDIA Corporation's operating return on assets (Operating ROA) has exhibited fluctuations over the given period.
Starting at a strong level of 23.83% on January 30, 2022, the ratio increased to 25.02% by January 31, 2022. However, there was a slight decline to 23.18% as of April 30, 2022.
Subsequently, there was a notable decrease in operating ROA to 21.40% by May 1, 2022, followed by a further decline to 16.57% by July 31, 2022. The ratio continued to decrease significantly, reaching 11.94% on October 30, 2022, and further dropping to 8.81% by October 31, 2022.
There was a moderate recovery in the operating ROA to 7.18% by January 29, 2023, and a further increase to 9.02% by January 31, 2023. This trend continued with the ratio rising to 11.82% by April 30, 2023, and a substantial improvement to 23.11% by July 30, 2023.
A significant surge in operating ROA was observed by July 31, 2023, with a notable increase to 34.30%, followed by a substantial rise to 48.31% by October 29, 2023. The ratio continued to increase significantly, reaching 63.59% by October 31, 2023, and further improving to 62.76% by January 28, 2024.
NVIDIA Corporation's operating ROA recorded a noteworthy peak of 73.12% by January 31, 2024, followed by slight fluctuations but maintaining high levels above 70% in subsequent periods. By January 31, 2025, the operating ROA stood at a robust 72.99%, indicating the company's efficient utilization of assets to generate operating profits.
Peer comparison
Jan 31, 2025