Science Applications International Corporation Common Stock (SAIC)

Operating return on assets (Operating ROA)

Jan 31, 2025 Nov 1, 2024 Aug 2, 2024 May 3, 2024 Feb 2, 2024 Nov 3, 2023 Aug 4, 2023 May 5, 2023 Feb 3, 2023 Oct 28, 2022 Jul 29, 2022 Apr 29, 2022 Jan 28, 2022 Oct 29, 2021 Jul 30, 2021 Apr 30, 2021 Jan 29, 2021 Oct 30, 2020 Jul 31, 2020 May 1, 2020
Operating income (ttm) US$ in thousands 563,000 504,000 487,000 715,000 741,000 780,000 770,000 533,000 501,000 468,000 449,000 457,000 462,000 479,000 475,000 442,000 390,000 376,000 360,000 355,000
Total assets US$ in thousands 5,246,000 5,275,000 5,250,000 5,250,000 5,314,000 5,658,000 5,672,000 5,957,000 5,543,000 5,628,000 5,654,000 5,716,000 5,746,000 5,916,000 5,905,000 5,812,000 5,723,000 5,875,000 5,947,000 6,016,000
Operating ROA 10.73% 9.55% 9.28% 13.62% 13.94% 13.79% 13.58% 8.95% 9.04% 8.32% 7.94% 8.00% 8.04% 8.10% 8.04% 7.60% 6.81% 6.40% 6.05% 5.90%

January 31, 2025 calculation

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

The operating return on assets (operating ROA) of Science Applications International Corporation Common Stock has demonstrated an increasing trend over the analyzed period, starting at 5.90% on May 1, 2020, and reaching 10.73% on January 31, 2025. This metric indicates the company's efficiency in generating profits from its operational assets. Notably, the operating ROA saw significant growth from May 2023 to November 2024, where it surged from 8.95% to 9.55%, reflecting improved operational performance. The peaks in August 2023, November 2023, and February 2024, with values of 13.58%, 13.79%, and 13.94%, respectively, were likely influenced by specific operational factors or strategic decisions.

However, it is important to note the slight decrease in operating ROA from the peak in February 2024 to the subsequent quarters, with values fluctuating between 9.28% and 10.73%. This fluctuation could be attributed to changes in the company's asset efficiency, profitability, or a combination of both. Overall, the increasing trend in the operating ROA indicates that Science Applications International Corporation has been effectively utilizing its assets to generate operating income, albeit with some variability in performance during certain periods.