PTC Inc (PTC)

Return on assets (ROA)

		Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019
Net income (ttm)	US$ in thousands	376,333	295,413	287,833	236,892	245,540	306,774	315,852	342,027	313,081	499,187	479,914	499,497	476,923	237,386	220,861	118,755	130,695	87,115	37,679	-12,990
Total assets	US$ in thousands	6,383,540	6,128,140	6,205,260	6,271,160	6,288,840	6,207,650	6,299,620	4,795,770	4,687,270	4,605,540	4,378,520	4,420,620	4,507,560	4,206,220	4,181,220	3,448,890	3,382,740	3,376,170	3,866,470	3,279,830
ROA		5.90%	4.82%	4.64%	3.78%	3.90%	4.94%	5.01%	7.13%	6.68%	10.84%	10.96%	11.30%	10.58%	5.64%	5.28%	3.44%	3.86%	2.58%	0.97%	-0.40%

September 30, 2024 calculation

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

PTC Inc's return on assets (ROA) has fluctuated over the past few quarters. The ROA trend shows a gradual decrease from 11.30% in March 2022 to 4.64% in March 2024, before slightly rebounding to 5.90% in September 2024. This may indicate varying levels of asset efficiency and profitability over time. The significant drop in ROA in the most recent quarters suggests that the company may be facing challenges in generating profits relative to its assets. Further analysis and comparison with industry peers are recommended to better assess PTC Inc's performance.