Pure Storage Inc (PSTG)
Operating return on assets (Operating ROA)
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 4, 2024 | Jan 31, 2024 | Nov 5, 2023 | Oct 31, 2023 | Aug 6, 2023 | Jul 31, 2023 | Apr 30, 2023 | Feb 5, 2023 | Jan 31, 2023 | Nov 6, 2022 | Oct 31, 2022 | Aug 7, 2022 | Jul 31, 2022 | May 8, 2022 | Apr 30, 2022 | Feb 6, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 101,159 | 116,074 | 130,615 | 179,948 | 280,032 | 216,422 | 135,966 | -10,059 | -19,686 | 51,126 | 66,487 | 147,434 | 97,213 | 46,992 | 33,292 | 19,592 | 34,996 | 50,400 | 36,889 | 7,526 |
| Total assets | US$ in thousands | 3,963,940 | 3,854,460 | 3,781,270 | 3,623,610 | 3,655,760 | 3,655,760 | 3,355,510 | 3,355,510 | 3,133,920 | 3,133,920 | 2,959,250 | 3,543,460 | 3,545,400 | 3,252,820 | 3,252,370 | 3,049,860 | 3,049,860 | 2,828,350 | 2,828,350 | 3,135,320 |
| Operating ROA | 2.55% | 3.01% | 3.45% | 4.97% | 7.66% | 5.92% | 4.05% | -0.30% | -0.63% | 1.63% | 2.25% | 4.16% | 2.74% | 1.44% | 1.02% | 0.64% | 1.15% | 1.78% | 1.30% | 0.24% |
January 31, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $101,159K ÷ $3,963,940K
= 2.55%
Operating return on assets (ROA) is a measure of a company's ability to generate profits from its operating activities relative to its total assets. Pure Storage Inc's operating ROA has shown fluctuations over the analyzed periods. The operating ROA started at 0.24% in February 2022, gradually increasing to 7.66% by February 2024, reflecting improving operational efficiency and profitability. However, there were occasional declines in the operating ROA, such as the negative values in August and October 2023, indicating potential operational challenges or inefficiencies during those periods. Overall, the positive trend in operating ROA from 2022 to 2024 suggests that Pure Storage Inc has been able to effectively utilize its assets to generate operating income, with a slight decrease to 2.55% in January 2025.
Peer comparison
Jan 31, 2025