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Citrix Systems (Citrix Systems) ROA % : 6.66% (As of Jun. 2022)


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What is Citrix Systems ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Citrix Systems's annualized Net Income for the quarter that ended in Jun. 2022 was $462 Mil. Citrix Systems's average Total Assets over the quarter that ended in Jun. 2022 was $6,939 Mil. Therefore, Citrix Systems's annualized ROA % for the quarter that ended in Jun. 2022 was 6.66%.

The historical rank and industry rank for Citrix Systems's ROA % or its related term are showing as below:

CTXS's ROA % is not ranked *
in the Software industry.
Industry Median: 0.985
* Ranked among companies with meaningful ROA % only.

Citrix Systems ROA % Historical Data

The historical data trend for Citrix Systems's ROA % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Citrix Systems ROA % Chart

Citrix Systems Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.34 10.51 14.32 10.87 5.18

Citrix Systems Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.77 3.13 6.09 3.48 6.66

Competitive Comparison of Citrix Systems's ROA %

For the Software - Application subindustry, Citrix Systems's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Citrix Systems's ROA % Distribution in the Software Industry

For the Software industry and Technology sector, Citrix Systems's ROA % distribution charts can be found below:

* The bar in red indicates where Citrix Systems's ROA % falls into.



Citrix Systems ROA % Calculation

Citrix Systems's annualized ROA % for the fiscal year that ended in Dec. 2021 is calculated as:

ROA %=Net Income (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=307.499/( (4890.347+6975.517)/ 2 )
=307.499/5932.932
=5.18 %

Citrix Systems's annualized ROA % for the quarter that ended in Jun. 2022 is calculated as:

ROA %=Net Income (Q: Jun. 2022 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Jun. 2022 ))/ count )
=461.828/( (6866.476+7011.099)/ 2 )
=461.828/6938.7875
=6.66 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Jun. 2022) net income data. ROA % is displayed in the 30-year financial page.


Citrix Systems  (NAS:CTXS) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Jun. 2022 )
=Net Income/Total Assets
=461.828/6938.7875
=(Net Income / Revenue)*(Revenue / Total Assets)
=(461.828 / 3438.088)*(3438.088 / 6938.7875)
=Net Margin %*Asset Turnover
=13.43 %*0.4955
=6.66 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Citrix Systems ROA % Related Terms

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Citrix Systems (Citrix Systems) Business Description

Traded in Other Exchanges
N/A
Address
851 West Cypress Creek Road, Fort Lauderdale, FL, USA, 33309
Citrix Systems provides virtualization software, including Virtual Apps and Desktops for desktop virtualization and Citrix Virtual Apps for application virtualization. The company also provides Citrix Endpoint Management for mobile device management and Citrix ADC for application delivery and Citrix SDWAN for routing, security, and WAN monitoring.
Executives
Jason Alexander Smith officer: EVP & Chief Financial Officer C/O CITRIX SYSTEMS, INC., 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Michael Arenth officer: EVP, SaaS Strategy C/O CITRIX SYSTEMS, INC., 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
David J Henshall officer: Senior Vice President and CFO 18880 HOMESTEAD ROAD, CUPERTINO CA 95014
Sridhar Mullapudi officer: EVP, Product Management C/O CITRIX SYSTEMS, INC., 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Arlen Shenkman officer: EVP & CFO C/O CITRIX SYSTEMS, INC., 851 WEST CYRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Mark J Ferrer officer: EVP, Chief Revenue Officer 45025 AVIATION DR, STE 300, DULLES VA 20166
Mark J. Schmitz officer: EVP & Chief Operating Officer C/O CITRIX SYSTEMS, INC., 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Timothy A. Minahan officer: CMO 13960 HAYSTACK LANE, MILTON GA 30004
Hector Lima officer: EVP, Customer Experience C/O CITRIX SYSTEMS, INC., 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Antonio G. Gomes officer: SVP & General Counsel 345 HARVARD STREET, UNIT 2AB, CAMBRIDGE MA 02138
Paul J. Hough officer: SVP & Chief Product Officer 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Jessica Soisson officer: VP & Corporate Controller 9836 EQUUS CIRCLE, BOYNTON BEACH FL 33472
W. Joseph Kim officer: EVP & Chief Technology Officer 7171, AUSTIN TX 78735-6140
Donna Nappen Kimmel officer: SVP & Chief People Officer 529 PLEASANT STREET, MS B-7, ATTLEBORO MA 02703
Knowling Robert E Jr director C/O HEWLETT-PACKARD CO, 3000 HANOVER STREET, PALO ALTO CA 94304