Pure Storage Inc (PSTG)
Operating return on assets (Operating ROA)
| Jan 31, 2025 | Feb 4, 2024 | Jan 31, 2024 | Feb 5, 2023 | Jan 31, 2023 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 85,258 | 53,551 | 53,551 | 83,513 | 83,513 |
| Total assets | US$ in thousands | 3,963,940 | 3,655,760 | 3,655,760 | 3,543,460 | 3,545,400 |
| Operating ROA | 2.15% | 1.46% | 1.46% | 2.36% | 2.36% |
January 31, 2025 calculation
Operating ROA = Operating income ÷ Total assets
= $85,258K ÷ $3,963,940K
= 2.15%
Operating return on assets (ROA) is a key performance metric that indicates how efficiently a company generates operating profits from its assets. Analyzing the operating ROA of Pure Storage Inc from January 31, 2023, to January 31, 2025, reveals fluctuations in the company's profitability levels.
- On January 31, 2023, and February 5, 2023, Pure Storage Inc had an operating ROA of 2.36%, indicating that the company generated $2.36 in operating income for every $100 of assets.
- However, on January 31, 2024, and February 4, 2024, the operating ROA decreased to 1.46%, signaling a decline in the company's operating efficiency and profitability from the previous year.
- Finally, on January 31, 2025, the operating ROA improved to 2.15%, suggesting a slight recovery in profitability.
Overall, the fluctuations in Pure Storage Inc's operating ROA over the analyzed period highlight the company's varying ability to utilize its assets effectively to generate operating income. The improvement in the operating ROA in 2025 compared to 2024 indicates a better operational performance, but the company may need to consistently focus on optimizing its asset utilization to enhance profitability in the long term.
Peer comparison
Jan 31, 2025