Science Applications International Corporation Common Stock (SAIC)
Operating return on assets (Operating ROA)
| 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 | Jan 31, 2020 | Nov 1, 2019 | Aug 2, 2019 | May 3, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 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 | 370,000 | 289,000 | 268,000 | 247,000 |
| Total assets | US$ in thousands | 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 | 4,711,000 | 4,700,000 | 4,627,000 | 4,607,000 |
| Operating ROA | 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% | 7.85% | 6.15% | 5.79% | 5.36% |
February 2, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $741,000K ÷ $5,314,000K
= 13.94%
The operating return on assets (ROA) for Science Applications International Corporation Common Stock has shown variability over the past few quarters. From May 2019 to February 2024, the operating ROA fluctuated between 5.36% and 13.94%. There was a general upward trend in operating ROA from 5.36% in May 2019 to a peak of 13.94% in February 2024, indicating improved operational efficiency and profitability.
However, there were periods of fluctuation within this upward trend. Notably, there was a significant increase in operating ROA from July 2021 to February 2023, where the metric steadily rose from 7.60% to 9.04%. This period demonstrated improved utilization of assets to generate operating income.
Subsequently, there was a slight dip in operating ROA in May 2023 to 8.95%, followed by a decrease to 7.94% by July 2023. This decline may suggest challenges or inefficiencies in asset utilization during that period.
Overall, Science Applications International Corporation Common Stock's operating ROA trend indicates a generally positive performance with some fluctuations. It is essential for investors and stakeholders to monitor these fluctuations to gauge the company's ability to generate profits from its assets effectively.
Peer comparison
Feb 2, 2024