Science Applications International Corporation Common Stock (SAIC)

Operating return on assets (Operating ROA)

Jan 31, 2025 Feb 2, 2024 Feb 3, 2023 Jan 28, 2022 Jan 29, 2021
Operating income US$ in thousands 563,000 741,000 501,000 462,000 390,000
Total assets US$ in thousands 5,246,000 5,314,000 5,543,000 5,746,000 5,723,000
Operating ROA 10.73% 13.94% 9.04% 8.04% 6.81%

January 31, 2025 calculation

Operating ROA = Operating income ÷ Total assets
= $563,000K ÷ $5,246,000K
= 10.73%

Operating ROA is a key financial ratio that measures a company's ability to generate operating profit from its assets. In the case of Science Applications International Corporation Common Stock, the trend in operating ROA appears to be positive over the years based on the data provided.

In January 2021, the operating ROA was 6.81%, which increased to 8.04% by January 2022, indicating an improvement in the company's efficiency in generating operating income from its assets. Subsequently, in February 2023, the operating ROA further increased to 9.04%, suggesting continued efficiency in utilizing its assets to generate profit.

The most significant improvement in operating ROA was observed in February 2024, where the ratio surged to 13.94%. This sharp increase indicates a notable enhancement in the company's operational performance and profitability relative to its asset base.

Subsequently, there was a slight decrease in operating ROA to 10.73% by January 2025. While this figure is lower compared to the peak in 2024, it still demonstrates the company's ability to efficiently generate operating profit from its assets.

Overall, the positive trend in Science Applications International Corporation Common Stock's operating ROA signifies improving operational efficiency and effective management of assets to generate profit, although fluctuations in the ratio over time should be noted and analyzed further.