Science Applications International Corporation Common Stock (SAIC)
Return on assets (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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 362,000 | 303,000 | 290,000 | 456,000 | 477,000 | 512,000 | 499,000 | 325,000 | 300,000 | 269,000 | 260,000 | 269,000 | 277,000 | 296,000 | 285,000 | 254,000 | 209,000 | 207,000 | 202,000 | 208,000 |
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 |
ROA | 6.90% | 5.74% | 5.52% | 8.69% | 8.98% | 9.05% | 8.80% | 5.46% | 5.41% | 4.78% | 4.60% | 4.71% | 4.82% | 5.00% | 4.83% | 4.37% | 3.65% | 3.52% | 3.40% | 3.46% |
January 31, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $362,000K ÷ $5,246,000K
= 6.90%
Science Applications International Corporation (SAIC) has shown a steady increase in its Return on Assets (ROA) over the past few years, indicating improved efficiency in generating profits from its assets. The ROA has grown from 3.46% in May 2020 to 6.90% in January 2025, with fluctuations along the way. The peak ROA was observed in November 2023 at 9.05%, signaling a period of strong asset utilization and profitability.
The upward trend in ROA suggests that SAIC has been effectively utilizing its assets to generate earnings, which is a positive sign for investors and stakeholders. However, the slight decline in ROA from the peak levels in 2023 to the more recent percentage in January 2025 may warrant further analysis to understand the factors contributing to this change.
Overall, the increasing trend in ROA reflects positively on SAIC’s operational efficiency and ability to generate profits relative to its asset base. It indicates that the company has been successful in managing its resources effectively to drive financial performance over the analyzed period.
Peer comparison
Jan 31, 2025