Science Applications International Corporation Common Stock (SAIC)
Operating return on assets (Operating ROA)
| Feb 2, 2024 | Feb 3, 2023 | Jan 28, 2022 | Jan 29, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 741,000 | 501,000 | 462,000 | 390,000 | 370,000 |
| Total assets | US$ in thousands | 5,314,000 | 5,543,000 | 5,746,000 | 5,723,000 | 4,711,000 |
| Operating ROA | 13.94% | 9.04% | 8.04% | 6.81% | 7.85% |
February 2, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $741,000K ÷ $5,314,000K
= 13.94%
The operating return on assets (operating ROA) for Science Applications International Corporation Common Stock has shown a positive trend over the past five years. From January 31, 2020, to February 2, 2024, the operating ROA has improved steadily from 7.85% to 13.94%. This indicates that the company has been able to generate more operating income relative to its assets over this period.
The increasing trend in the operating ROA suggests that Science Applications International Corporation has been more efficient in utilizing its assets to generate operating profits. This improvement may be the result of various factors such as effective cost management, revenue growth, operational efficiency, or strategic investments.
The consistently rising operating ROA reflects positively on the company's overall operational performance and efficiency. Investors and stakeholders may view this trend favorably as it indicates a stronger financial health and profitability for Science Applications International Corporation.
Peer comparison
Feb 2, 2024