What is Skyworks Solutions Inc's ROI in the third quarter of 2024?
Skyworks Solutions Inc achieved a return on average invested assets (ROI) of
10.51 % in its third quarter of 2024, which is below Skyworks Solutions Inc's average return on investment, which stands at 20.01%.
ROI decreased relative to the period ending Mar 29 2024, due to the decline in net income.
Within the
Technology sector 40 other companies had a higher return on investment. While Return on investment, overall ranking has progressed in the Jun 28 2024 quarter, so far to
261, from total ROI ranking in the second quarter of 2024 at
578.
Definition and Formula of Return on Investment
Return On Investment |
(Jun 28 2024) III. Quarter |
(Mar 29 2024) II. Quarter |
(Dec 29 2023) I. Quarter |
(Sep 29 2023) IV. Quarter |
(Jun 30 2023) III. Quarter |
Y / Y Investment Change TTM |
-0.63 % |
-0.15 % |
-0.74 % |
-1.31 % |
1.49 % |
Y / Y Net Income Change TTM |
-29.21 % |
-27.14 % |
-3.86 % |
55.6 % |
312.38 % |
Investment (TTM) in Millions |
7,486 |
7,507 |
7,423 |
7,282 |
7,454 |
Return On Investment (TTM) |
10.51 % |
11.53 % |
12.21 % |
13.22 % |
14.75 % |
SWKS's Overall
Ranking |
# 261 |
# 578 |
# 566 |
# 599 |
# 561 |
Seq. Investment Change TTM |
0.11 % |
0.11 % |
-0.33 % |
-0.53 % |
0.59 % |
Seq. Net Income Change TTM |
-8.76 % |
-5.47 % |
-7.95 % |
-10.84 % |
-6.09 % |
Net Income (TTM) in Millions |
780 |
855 |
905 |
983 |
1,102 |