Qorvo Inc (QRVO)

Operating return on assets (Operating ROA)

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating income	US$ in thousands	95,527	91,701	183,168	1,226,070	933,927
Total assets	US$ in thousands	5,933,130	6,554,640	6,691,900	7,509,070	7,221,470
Operating ROA		1.61%	1.40%	2.74%	16.33%	12.93%

March 31, 2025 calculation

Operating ROA = Operating income ÷ Total assets
= $95,527K ÷ $5,933,130K
= 1.61%

Qorvo Inc's operating return on assets (operating ROA) has displayed fluctuations over the years based on the provided data.

In March 2021, the operating ROA was at 12.93%, indicating that the company generated a decent return from its operating activities relative to its total assets. This suggests the company was efficient in utilizing its assets to generate operating profits.

The operating ROA improved significantly in March 2022, reaching 16.33%. This increase indicates that Qorvo Inc became more effective in generating operating income from its assets during that period.

However, there was a notable decline in the operating ROA in March 2023, dropping to 2.74%. This could indicate challenges or inefficiencies in the company's operations that led to a lower return on its assets.

The trend continued to worsen in the subsequent years, with the operating ROA decreasing to 1.40% in March 2024, and slightly increasing to 1.61% in March 2025. These lower percentages suggest that Qorvo Inc may have faced difficulties in generating operating profits relative to its total assets during these periods.

Overall, the fluctuating trend in Qorvo Inc's operating ROA highlights the importance of monitoring and analyzing this ratio to assess the company's operational efficiency and profitability over time.