NVIDIA Corporation (NVDA)
Return on assets (ROA)
| Jan 31, 2025 | Jan 31, 2024 | Jan 28, 2024 | Jan 31, 2023 | Jan 29, 2023 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 72,880,000 | 29,760,000 | 29,760,000 | 4,368,000 | 4,368,000 |
| Total assets | US$ in thousands | 111,601,000 | 65,728,000 | 65,728,000 | 41,182,000 | 41,182,000 |
| ROA | 65.30% | 45.28% | 45.28% | 10.61% | 10.61% |
January 31, 2025 calculation
ROA = Net income ÷ Total assets
= $72,880,000K ÷ $111,601,000K
= 65.30%
Over the past few years, NVIDIA Corporation's return on assets (ROA) has shown a significant upward trend. The ROA increased from 10.61% as of January 29, 2023, to 65.30% as of January 31, 2025. This upward trajectory indicates that the company has been effectively utilizing its assets to generate higher profits over time. A high ROA suggests that NVIDIA is efficient in generating earnings relative to the size of its asset base. It also indicates that the company is effective in managing its resources to create value for its shareholders. Overall, the increasing trend in ROA reflects positively on NVIDIA's operational performance and financial management.
Peer comparison
Jan 31, 2025