Science Applications International Corporation Common Stock (SAIC)

Return on assets (ROA)

Jan 31, 2025 Feb 2, 2024 Feb 3, 2023 Jan 28, 2022 Jan 29, 2021
Net income US$ in thousands 362,000 477,000 300,000 277,000 209,000
Total assets US$ in thousands 5,246,000 5,314,000 5,543,000 5,746,000 5,723,000
ROA 6.90% 8.98% 5.41% 4.82% 3.65%

January 31, 2025 calculation

ROA = Net income ÷ Total assets
= $362,000K ÷ $5,246,000K
= 6.90%

Science Applications International Corporation Common Stock has seen a positive trend in its Return on Assets (ROA) over the past few years. The ROA increased from 3.65% on January 29, 2021, to 6.90% on January 31, 2025, indicating an improvement in the company's ability to generate profits from its assets.

The company experienced a steady growth in ROA during this period, with notable jumps in performance between February 2, 2024, and January 31, 2025. The ROA peaked at 8.98% on February 2, 2024, reflecting a significant increase in profitability relative to its asset base.

Overall, the increasing trend in ROA suggests that Science Applications International Corporation Common Stock has been effectively utilizing its assets to generate higher returns for its shareholders. This positive trajectory indicates improving efficiency and profitability within the company.