NVIDIA Corporation (NVDA)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 72,880,000 | 63,074,000 | 56,050,000 | 48,694,000 | 43,056,000 | 36,959,000 | 30,862,000 | 23,662,000 | 15,833,000 | 11,059,000 | 5,551,000 | 4,188,000 | 3,430,000 | 3,634,000 | 4,572,000 | 6,895,000 | 9,242,000 | 10,088,000 | 10,844,000 | 10,215,000 |
| 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 |
| ROA | 65.30% | 65.69% | 65.77% | 63.18% | 65.51% | 56.23% | 57.00% | 43.70% | 31.95% | 22.32% | 12.49% | 10.17% | 8.33% | 8.98% | 11.29% | 15.86% | 20.44% | 22.31% | 24.54% | 23.12% |
January 31, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $72,880,000K ÷ $111,601,000K
= 65.30%
NVIDIA Corporation's return on assets (ROA) has displayed fluctuations over the reported periods. The ROA figures ranged from a high of 65.77% on July 31, 2024, to a low of 8.98% on October 31, 2022. The trend in ROA demonstrates an overall increase from October 31, 2022, to January 31, 2025, with some fluctuations along the way.
The ROA peaked at 65.77% on July 31, 2024, indicating the company generated significant profits relative to its total assets. This high ROA suggests that NVIDIA efficiently utilized its assets to generate earnings during that period. It is important to note that a high ROA can be a positive indicator of a company's profitability and efficiency in generating profits from its assets.
Conversely, the lowest ROA of 8.98% on October 31, 2022, raises concerns about the company's ability to generate profits relative to its assets during that period. This could be attributed to various factors such as economic conditions, operational challenges, or strategic decisions impacting the company's profitability metrics negatively.
Overall, the ROA trend for NVIDIA Corporation indicates that the company has been able to effectively manage its assets to generate profits, with some periods demonstrating higher efficiency in asset utilization than others. Further analysis and context regarding the company's operational and financial performance would be necessary to fully assess the factors influencing these ROA fluctuations.
Peer comparison
Jan 31, 2025