Oracle Corporation (ORCL)
Operating return on assets (Operating ROA)
| May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 15,354,000 | 14,808,000 | 14,318,000 | 13,767,000 | 13,094,000 | 13,456,000 | 14,018,000 | 10,123,000 | 10,927,000 | 10,966,000 | 11,022,000 | 15,429,000 | 15,213,000 | 14,980,000 | 14,630,000 | 14,230,000 | 13,896,000 | 13,845,000 | 13,716,000 | 13,634,000 |
| Total assets | US$ in thousands | 140,976,000 | 137,082,000 | 134,324,000 | 136,662,000 | 134,384,000 | 131,620,000 | 128,469,000 | 130,309,000 | 109,297,000 | 108,644,000 | 106,897,000 | 122,924,000 | 131,107,000 | 118,109,000 | 110,014,000 | 113,546,000 | 115,438,000 | 96,704,000 | 98,443,000 | 106,229,000 |
| Operating ROA | 10.89% | 10.80% | 10.66% | 10.07% | 9.74% | 10.22% | 10.91% | 7.77% | 10.00% | 10.09% | 10.31% | 12.55% | 11.60% | 12.68% | 13.30% | 12.53% | 12.04% | 14.32% | 13.93% | 12.83% |
May 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $15,354,000K ÷ $140,976,000K
= 10.89%
Oracle Corporation's operating return on assets (operating ROA) has shown consistency and stability over the past few quarters, ranging from 9.74% to 10.91%. The operating ROA for the most recent quarter, ending May 31, 2024, is 10.89%. This indicates that Oracle is generating approximately $0.1089 in operating income for every dollar of assets employed in the business.
The trend in operating ROA demonstrates the company's ability to efficiently utilize its assets to generate operating profits. The variations in operating ROA over different quarters may be influenced by changes in revenue, operating expenses, and asset management efficiency.
The relatively steady operating ROA figures suggest that Oracle has been effectively managing its operations and assets to generate consistent returns for its shareholders. Investors and stakeholders may view the stable operating ROA as a positive indicator of Oracle's financial performance and operational effectiveness.
Peer comparison
May 31, 2024