Semtech Corporation (SMTC)

Operating return on assets (Operating ROA)

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Jan 31, 2024	Jan 28, 2024	Oct 31, 2023	Oct 29, 2023	Jul 31, 2023	Jul 30, 2023	Apr 30, 2023	Jan 31, 2023	Jan 29, 2023	Oct 31, 2022	Oct 30, 2022	Jul 31, 2022	May 1, 2022	Apr 30, 2022	Jan 31, 2022	Jan 30, 2022
Operating income (ttm)	US$ in thousands	52,165	33,571	-604,174	-624,315	-642,100	-944,815	-624,964	-623,875	-667,161	-422,711	-85,233	-36,580	83,116	185,827	195,510	201,105	180,032	170,404	160,012	153,708
Total assets	US$ in thousands	1,419,300	1,379,000	1,368,000	1,376,510	1,373,740	1,373,740	2,038,130	2,038,130	2,118,600	2,118,600	2,500,020	2,569,630	2,569,630	1,466,850	1,466,850	1,199,830	1,115,920	1,115,920	1,130,910	1,130,910
Operating ROA		3.68%	2.43%	-44.16%	-45.35%	-46.74%	-68.78%	-30.66%	-30.61%	-31.49%	-19.95%	-3.41%	-1.42%	3.23%	12.67%	13.33%	16.76%	16.13%	15.27%	14.15%	13.59%

January 31, 2025 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $52,165K ÷ $1,419,300K
= 3.68%

Semtech Corporation's operating return on assets (ROA) experienced fluctuations over the period from January 30, 2022, to January 31, 2025. The operating ROA started at 13.59% on January 30, 2022, and generally showed an increasing trend, reaching its peak at 16.76% on July 31, 2022.

However, the operating ROA began to decline thereafter, with a notable drop to 3.23% on January 29, 2023, and further deteriorated to negative figures from April 30, 2023, onwards. The operating ROA remained negative for several quarters, hitting its lowest point at -68.78% on January 28, 2024.

Despite the challenging period, there was a slight recovery in the operating ROA, turning positive again at 2.43% on October 31, 2024, and increasing to 3.68% on January 31, 2025. Overall, the operating ROA of Semtech Corporation displayed volatility and significant fluctuations over the analyzed period, reflecting varying operational performance and efficiency levels.