Science Applications International Corporation Common Stock (SAIC)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 227,000 | 158,000 | 151,000 | 143,000 |
| 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 |
| ROA | 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% | 4.82% | 3.36% | 3.26% | 3.10% |
February 2, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $477,000K ÷ $5,314,000K
= 8.98%
The return on assets (ROA) for Science Applications International Corporation Common Stock has exhibited fluctuations over the past few quarters. The ROA has ranged from a low of 3.10% in May 2019 to a high of 9.05% in Nov 2023. Generally, a higher ROA indicates more efficient asset utilization to generate profits.
The upward trend in ROA from January 2019 to November 2023 suggests an improvement in the company's ability to generate earnings relative to its assets. However, the ROA dipped in some quarters like July 2021 and January 2021, possibly indicating temporary challenges or changes in asset efficiency.
Overall, investors and analysts are likely to view Science Applications International Corporation's increasing ROA positively, as it shows the company's ability to generate profits from its assets. It is important to monitor future trends in ROA to assess the company's operational efficiency and financial performance.
Peer comparison
Feb 2, 2024