PTC Inc (PTC)

Return on assets (ROA)

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Net income	US$ in thousands	376,333	245,540	313,081	476,923	130,695
Total assets	US$ in thousands	6,383,540	6,288,840	4,687,270	4,507,560	3,382,740
ROA		5.90%	3.90%	6.68%	10.58%	3.86%

September 30, 2024 calculation

ROA = Net income ÷ Total assets
= $376,333K ÷ $6,383,540K
= 5.90%

The Return on Assets (ROA) of PTC Inc has fluctuated over the past five years. In 2024, the ROA was 5.90%, which reflects a moderate improvement compared to the previous year where it was 3.90%. However, it is still lower than the ROA recorded in 2022 at 6.68% and significantly lower than the ROA in 2021 at 10.58%. The ROA in 2020 was 3.86%, slightly lower than the most recent year.

Overall, the trend in ROA indicates some variability in the company's ability to generate profits from its assets. It is important for investors and stakeholders to monitor these fluctuations and understand the underlying reasons behind the changes in ROA to assess the company's efficiency in generating profits relative to its total assets.