PTC Inc (PTC)
Operating return on assets (Operating ROA)
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 588,062 | 458,474 | 447,362 | 380,748 | 210,863 |
| Total assets | US$ in thousands | 6,383,540 | 6,288,840 | 4,687,270 | 4,507,560 | 3,382,740 |
| Operating ROA | 9.21% | 7.29% | 9.54% | 8.45% | 6.23% |
September 30, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $588,062K ÷ $6,383,540K
= 9.21%
From the data provided, we can observe that PTC Inc's operating return on assets (operating ROA) has shown a positive trend over the past five years. The operating ROA increased from 6.23% in 2020 to 9.21% in 2024. This indicates that the company has been able to generate more operating income from its assets over time.
Furthermore, the operating ROA was relatively stable between 2021 and 2022, with a slight decrease in 2023. However, the significant increase in 2024 suggests that PTC Inc has been effectively utilizing its assets to generate operating profits.
Overall, the rising trend in operating ROA reflects the company's improving operational efficiency and profitability, signaling a positive outlook for PTC Inc's financial performance.
Peer comparison
Sep 30, 2024