Oracle Corporation (ORCL)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 10,468,000 | 10,643,000 | 10,138,000 | 9,376,000 | 8,504,000 | 8,374,000 | 8,797,000 | 5,809,000 | 6,718,000 | 7,561,000 | 10,263,000 | 13,952,000 | 13,746,000 | 12,830,000 | 10,380,000 | 10,249,000 | 10,135,000 | 10,759,000 | 10,933,000 | 10,955,000 |
| 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 |
| ROA | 7.43% | 7.76% | 7.55% | 6.86% | 6.33% | 6.36% | 6.85% | 4.46% | 6.15% | 6.96% | 9.60% | 11.35% | 10.48% | 10.86% | 9.44% | 9.03% | 8.78% | 11.13% | 11.11% | 10.31% |
May 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $10,468,000K ÷ $140,976,000K
= 7.43%
Oracle Corporation's return on assets (ROA) has fluctuated over the most recent 20 quarters, ranging from 4.46% to 11.35%. The ROA measures how efficiently the company is utilizing its assets to generate profit; a higher ROA indicates better asset utilization.
The ROA trend for Oracle shows some variability, with periods of increase and decrease. The highest ROA of 11.35% was recorded in the quarter ending August 31, 2021, indicating a strong performance in asset efficiency at that time. Subsequently, the ROA decreased to 4.46% in the following quarter, suggesting a temporary decline in asset productivity.
Overall, the ROA for Oracle has been relatively stable in the range of 6% to 11%, with occasional spikes and dips. It is essential to consider other financial metrics and factors to understand the broader financial performance and sustainability of Oracle Corporation.
Peer comparison
May 31, 2024