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.
Peer comparison
Jan 31, 2025