Stock Analysis on Net

NVIDIA Corp. (NASDAQ:NVDA)

Analysis of Profitability Ratios
Quarterly Data

Microsoft Excel LibreOffice Calc

Profitability Ratios (Summary)

NVIDIA Corp., profitability ratios (quarterly data)

Microsoft Excel LibreOffice Calc
Oct 31, 2021 Aug 1, 2021 May 2, 2021 Jan 31, 2021 Oct 25, 2020 Jul 26, 2020 Apr 26, 2020 Jan 26, 2020 Oct 27, 2019 Jul 28, 2019 Apr 28, 2019 Jan 27, 2019 Oct 28, 2018 Jul 29, 2018 Apr 29, 2018 Jan 28, 2018 Oct 29, 2017 Jul 30, 2017 Apr 30, 2017 Jan 29, 2017 Oct 30, 2016 Jul 31, 2016 May 1, 2016 Jan 31, 2016 Oct 25, 2015 Jul 26, 2015 Apr 26, 2015
Return on Sales
Gross profit margin 64.40% 63.76% 62.43% 62.34% 62.62% 62.84% 63.47% 61.99% 59.49% 58.57% 59.64% 61.21% 62.51% 62.41% 61.36% 59.93% 59.31% 59.18% 59.16% 58.80% 57.84% 57.01% 56.33% 56.11%
Operating profit margin 35.34% 33.36% 28.62% 27.18% 27.17% 27.13% 29.41% 26.07% 21.46% 22.40% 26.72% 32.47% 36.89% 37.21% 35.97% 33.05% 31.97% 31.33% 29.74% 27.99% 23.64% 19.43% 15.80% 14.91%
Net profit margin 33.81% 32.33% 27.66% 25.98% 25.89% 25.94% 28.18% 25.61% 24.07% 26.92% 30.67% 35.34% 37.79% 36.22% 34.45% 31.37% 28.78% 27.41% 26.05% 24.11% 19.86% 16.97% 13.32% 12.26%
Return on Investment
Return on equity (ROE) 34.49% 33.48% 28.37% 25.64% 24.95% 24.36% 25.34% 22.91% 21.50% 26.53% 33.91% 44.33% 49.54% 48.91% 49.03% 40.78% 40.66% 38.29% 32.05% 28.91% 22.90% 20.60% 16.40% 13.74%
Return on assets (ROA) 20.20% 18.32% 17.30% 15.05% 14.23% 13.46% 14.27% 16.15% 15.25% 18.56% 23.47% 31.15% 34.37% 33.40% 33.02% 27.11% 26.28% 24.32% 20.88% 16.93% 12.68% 12.37% 9.68% 8.33%

Based on: 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-25), 10-Q (reporting date: 2020-07-26), 10-Q (reporting date: 2020-04-26), 10-K (reporting date: 2020-01-26), 10-Q (reporting date: 2019-10-27), 10-Q (reporting date: 2019-07-28), 10-Q (reporting date: 2019-04-28), 10-K (reporting date: 2019-01-27), 10-Q (reporting date: 2018-10-28), 10-Q (reporting date: 2018-07-29), 10-Q (reporting date: 2018-04-29), 10-K (reporting date: 2018-01-28), 10-Q (reporting date: 2017-10-29), 10-Q (reporting date: 2017-07-30), 10-Q (reporting date: 2017-04-30), 10-K (reporting date: 2017-01-29), 10-Q (reporting date: 2016-10-30), 10-Q (reporting date: 2016-07-31), 10-Q (reporting date: 2016-05-01), 10-K (reporting date: 2016-01-31), 10-Q (reporting date: 2015-10-25), 10-Q (reporting date: 2015-07-26), 10-Q (reporting date: 2015-04-26).

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. NVIDIA Corp. gross profit margin ratio improved from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.
Operating profit margin A profitability ratio calculated as operating income divided by revenue. NVIDIA Corp. operating profit margin ratio improved from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.
Net profit margin An indicator of profitability, calculated as net income divided by revenue. NVIDIA Corp. net profit margin ratio improved from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. NVIDIA Corp. ROE improved from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.
ROA A profitability ratio calculated as net income divided by total assets. NVIDIA Corp. ROA improved from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.

Gross Profit Margin

NVIDIA Corp., gross profit margin calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Oct 31, 2021 Aug 1, 2021 May 2, 2021 Jan 31, 2021 Oct 25, 2020 Jul 26, 2020 Apr 26, 2020 Jan 26, 2020 Oct 27, 2019 Jul 28, 2019 Apr 28, 2019 Jan 27, 2019 Oct 28, 2018 Jul 29, 2018 Apr 29, 2018 Jan 28, 2018 Oct 29, 2017 Jul 30, 2017 Apr 30, 2017 Jan 29, 2017 Oct 30, 2016 Jul 31, 2016 May 1, 2016 Jan 31, 2016 Oct 25, 2015 Jul 26, 2015 Apr 26, 2015
Selected Financial Data (US$ in millions)
Gross profit 4,631  4,215  3,629  3,157  2,960  2,275  2,004  2,015  1,916  1,541  1,296  1,207  1,921  1,975  2,068  1,801  1,569  1,302  1,150  1,303  1,183  826  751  790  734  634  653 
Revenue 7,103  6,507  5,661  5,003  4,726  3,866  3,080  3,105  3,014  2,579  2,220  2,205  3,181  3,123  3,207  2,911  2,636  2,230  1,937  2,173  2,004  1,428  1,305  1,401  1,305  1,153  1,151 
Profitability Ratio
Gross profit margin1 64.40% 63.76% 62.43% 62.34% 62.62% 62.84% 63.47% 61.99% 59.49% 58.57% 59.64% 61.21% 62.51% 62.41% 61.36% 59.93% 59.31% 59.18% 59.16% 58.80% 57.84% 57.01% 56.33% 56.11%
Benchmarks
Gross Profit Margin, Competitors2
Advanced Micro Devices Inc. 46.82% 45.71% 44.79% 44.53% 44.47% 44.36% 43.69% 42.61% 40.78% 39.83% 38.87% 37.79% 37.10% 35.81% 34.86% 34.21% 33.48% 24.79% 23.96% 23.36%
Applied Materials Inc. 47.32% 46.69% 45.83% 44.96% 44.72% 44.23% 44.04% 43.81% 43.72% 43.93% 44.39% 45.01% 45.31% 45.47% 45.48% 45.31% 44.93% 44.31% 43.55% 42.55% 41.67%
Broadcom Inc. 61.36% 60.18% 58.98% 57.54% 56.58% 55.70% 55.21% 55.32% 55.24% 55.09% 54.33% 53.09% 51.48% 50.28% 49.42% 48.53% 48.25% 49.01% 48.78% 44.85% 44.86%
Intel Corp. 56.27% 55.59% 54.62% 56.01% 56.52% 57.88% 59.51% 58.56% 58.92% 60.46% 60.83% 61.73% 62.50% 61.87% 61.93% 62.25% 61.86% 62.12% 61.52% 60.94%
Lam Research Corp. 46.19% 46.53% 46.49% 46.59% 46.43% 45.88% 45.86% 45.20% 45.13% 45.15% 45.66% 46.12% 46.42% 46.63% 46.18% 45.99% 45.56% 44.97% 44.81% 44.44% 44.15% 44.49%
Micron Technology Inc. 41.37% 37.62% 33.66% 30.70% 31.37% 30.57% 29.03% 30.33% 36.11% 45.72% 53.60% 57.87% 59.55% 58.87% 56.43% 53.13% 48.25% 41.51% 33.92% 25.74% 20.49% 20.20%
Qualcomm Inc. 57.51% 59.82% 59.99% 60.17% 60.67% 56.96% 65.07% 65.22% 64.57% 63.06% 54.26% 54.58% 54.94% 56.00% 55.57% 55.22% 56.07% 57.12% 58.16% 59.38% 58.61%
Texas Instruments Inc. 66.36% 65.46% 64.70% 64.10% 63.49% 63.65% 63.68% 63.71% 64.23% 64.51% 64.73% 65.11% 65.18% 64.84% 64.61% 64.26% 63.64% 62.97% 62.19% 61.63%

Based on: 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-25), 10-Q (reporting date: 2020-07-26), 10-Q (reporting date: 2020-04-26), 10-K (reporting date: 2020-01-26), 10-Q (reporting date: 2019-10-27), 10-Q (reporting date: 2019-07-28), 10-Q (reporting date: 2019-04-28), 10-K (reporting date: 2019-01-27), 10-Q (reporting date: 2018-10-28), 10-Q (reporting date: 2018-07-29), 10-Q (reporting date: 2018-04-29), 10-K (reporting date: 2018-01-28), 10-Q (reporting date: 2017-10-29), 10-Q (reporting date: 2017-07-30), 10-Q (reporting date: 2017-04-30), 10-K (reporting date: 2017-01-29), 10-Q (reporting date: 2016-10-30), 10-Q (reporting date: 2016-07-31), 10-Q (reporting date: 2016-05-01), 10-K (reporting date: 2016-01-31), 10-Q (reporting date: 2015-10-25), 10-Q (reporting date: 2015-07-26), 10-Q (reporting date: 2015-04-26).

1 Q3 2022 Calculation
Gross profit margin = 100 × (Gross profitQ3 2022 + Gross profitQ2 2022 + Gross profitQ1 2022 + Gross profitQ4 2021) ÷ (RevenueQ3 2022 + RevenueQ2 2022 + RevenueQ1 2022 + RevenueQ4 2021)
= 100 × (4,631 + 4,215 + 3,629 + 3,157) ÷ (7,103 + 6,507 + 5,661 + 5,003) = 64.40%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. NVIDIA Corp. gross profit margin ratio improved from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.

Operating Profit Margin

NVIDIA Corp., operating profit margin calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Oct 31, 2021 Aug 1, 2021 May 2, 2021 Jan 31, 2021 Oct 25, 2020 Jul 26, 2020 Apr 26, 2020 Jan 26, 2020 Oct 27, 2019 Jul 28, 2019 Apr 28, 2019 Jan 27, 2019 Oct 28, 2018 Jul 29, 2018 Apr 29, 2018 Jan 28, 2018 Oct 29, 2017 Jul 30, 2017 Apr 30, 2017 Jan 29, 2017 Oct 30, 2016 Jul 31, 2016 May 1, 2016 Jan 31, 2016 Oct 25, 2015 Jul 26, 2015 Apr 26, 2015
Selected Financial Data (US$ in millions)
Income from operations 2,671  2,444  1,956  1,507  1,398  651  976  990  927  571  358  294  1,058  1,157  1,295  1,073  895  688  554  733  639  317  245  250  245  76  176 
Revenue 7,103  6,507  5,661  5,003  4,726  3,866  3,080  3,105  3,014  2,579  2,220  2,205  3,181  3,123  3,207  2,911  2,636  2,230  1,937  2,173  2,004  1,428  1,305  1,401  1,305  1,153  1,151 
Profitability Ratio
Operating profit margin1 35.34% 33.36% 28.62% 27.18% 27.17% 27.13% 29.41% 26.07% 21.46% 22.40% 26.72% 32.47% 36.89% 37.21% 35.97% 33.05% 31.97% 31.33% 29.74% 27.99% 23.64% 19.43% 15.80% 14.91%
Benchmarks
Operating Profit Margin, Competitors2
Advanced Micro Devices Inc. 20.27% 18.83% 16.23% 14.02% 13.27% 11.56% 10.63% 9.37% 5.16% 4.68% 6.05% 6.97% 7.73% 7.37% 5.89% 3.83% 2.40% -6.49% -7.53% -8.71%
Applied Materials Inc. 29.87% 28.47% 26.49% 25.30% 25.37% 24.26% 23.58% 23.20% 22.93% 23.55% 25.09% 26.83% 27.80% 28.35% 28.17% 27.53% 26.61% 25.58% 24.11% 21.99% 19.88%
Broadcom Inc. 31.03% 28.16% 24.83% 20.81% 16.80% 15.27% 14.85% 15.90% 15.24% 18.15% 20.70% 22.28% 24.63% 20.93% 18.05% 14.98% 13.51% 11.87% 6.75% -2.42% -3.09%
Intel Corp. 25.93% 26.00% 26.17% 30.41% 31.49% 32.90% 32.88% 30.62% 30.48% 31.77% 32.49% 32.91% 32.48% 30.58% 29.37% 28.58% 27.49% 26.60% 22.99% 21.68%
Lam Research Corp. 31.06% 30.64% 29.55% 28.68% 28.02% 26.62% 26.37% 25.20% 25.40% 25.53% 26.90% 28.19% 28.47% 29.01% 27.84% 26.96% 25.73% 23.74% 22.22% 19.70% 17.82% 18.25%
Micron Technology Inc. 27.17% 22.68% 17.60% 15.21% 15.19% 14.01% 12.33% 13.36% 20.04% 31.51% 41.16% 46.84% 49.70% 49.34% 46.71% 43.04% 37.17% 28.88% 19.16% 9.12% 2.27% 1.35%
Qualcomm Inc. 29.16% 31.74% 30.35% 29.04% 26.58% 17.52% 32.49% 32.59% 31.59% 24.99% 9.05% 6.62% 3.26% 7.57% 6.98% 8.34% 11.73% 18.09% 21.09% 23.50% 27.57%
Texas Instruments Inc. 47.02% 45.19% 42.73% 40.76% 38.81% 38.79% 39.58% 39.79% 40.61% 41.59% 41.98% 42.53% 42.74% 42.18% 41.56% 40.66% 39.92% 38.40% 36.93% 35.89%

Based on: 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-25), 10-Q (reporting date: 2020-07-26), 10-Q (reporting date: 2020-04-26), 10-K (reporting date: 2020-01-26), 10-Q (reporting date: 2019-10-27), 10-Q (reporting date: 2019-07-28), 10-Q (reporting date: 2019-04-28), 10-K (reporting date: 2019-01-27), 10-Q (reporting date: 2018-10-28), 10-Q (reporting date: 2018-07-29), 10-Q (reporting date: 2018-04-29), 10-K (reporting date: 2018-01-28), 10-Q (reporting date: 2017-10-29), 10-Q (reporting date: 2017-07-30), 10-Q (reporting date: 2017-04-30), 10-K (reporting date: 2017-01-29), 10-Q (reporting date: 2016-10-30), 10-Q (reporting date: 2016-07-31), 10-Q (reporting date: 2016-05-01), 10-K (reporting date: 2016-01-31), 10-Q (reporting date: 2015-10-25), 10-Q (reporting date: 2015-07-26), 10-Q (reporting date: 2015-04-26).

1 Q3 2022 Calculation
Operating profit margin = 100 × (Income from operationsQ3 2022 + Income from operationsQ2 2022 + Income from operationsQ1 2022 + Income from operationsQ4 2021) ÷ (RevenueQ3 2022 + RevenueQ2 2022 + RevenueQ1 2022 + RevenueQ4 2021)
= 100 × (2,671 + 2,444 + 1,956 + 1,507) ÷ (7,103 + 6,507 + 5,661 + 5,003) = 35.34%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Operating profit margin A profitability ratio calculated as operating income divided by revenue. NVIDIA Corp. operating profit margin ratio improved from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.

Net Profit Margin

NVIDIA Corp., net profit margin calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Oct 31, 2021 Aug 1, 2021 May 2, 2021 Jan 31, 2021 Oct 25, 2020 Jul 26, 2020 Apr 26, 2020 Jan 26, 2020 Oct 27, 2019 Jul 28, 2019 Apr 28, 2019 Jan 27, 2019 Oct 28, 2018 Jul 29, 2018 Apr 29, 2018 Jan 28, 2018 Oct 29, 2017 Jul 30, 2017 Apr 30, 2017 Jan 29, 2017 Oct 30, 2016 Jul 31, 2016 May 1, 2016 Jan 31, 2016 Oct 25, 2015 Jul 26, 2015 Apr 26, 2015
Selected Financial Data (US$ in millions)
Net income 2,464  2,374  1,912  1,457  1,336  622  917  951  899  552  394  566  1,230  1,101  1,244  1,119  838  583  507  655  542  261  208  208  246  26  134 
Revenue 7,103  6,507  5,661  5,003  4,726  3,866  3,080  3,105  3,014  2,579  2,220  2,205  3,181  3,123  3,207  2,911  2,636  2,230  1,937  2,173  2,004  1,428  1,305  1,401  1,305  1,153  1,151 
Profitability Ratio
Net profit margin1 33.81% 32.33% 27.66% 25.98% 25.89% 25.94% 28.18% 25.61% 24.07% 26.92% 30.67% 35.34% 37.79% 36.22% 34.45% 31.37% 28.78% 27.41% 26.05% 24.11% 19.86% 16.97% 13.32% 12.26%
Benchmarks
Net Profit Margin, Competitors2
Advanced Micro Devices Inc. 26.72% 25.76% 25.24% 25.50% 10.17% 7.96% 6.72% 5.07% 3.47% 3.25% 4.46% 5.20% 5.51% 5.04% 3.29% 0.81% -1.39% -11.82% -10.42% -11.63%
Applied Materials Inc. 25.53% 24.54% 22.35% 21.19% 21.04% 19.58% 18.89% 18.83% 18.52% 19.40% 22.10% 23.50% 19.20% 19.87% 19.24% 18.53% 23.62% 22.08% 20.41% 18.05% 15.90%
Broadcom Inc. 24.54% 22.90% 19.11% 16.01% 12.39% 10.70% 10.97% 11.64% 12.05% 13.44% 15.92% 30.50% 58.80% 57.66% 55.79% 40.81% 9.59% 3.12% -1.54% -12.03% -13.13%
Intel Corp. 26.89% 23.91% 23.93% 26.84% 28.10% 29.97% 30.02% 29.25% 27.46% 28.05% 29.04% 29.72% 21.91% 20.06% 17.32% 15.30% 22.31% 20.60% 18.57% 17.37%
Lam Research Corp. 27.07% 26.72% 26.07% 24.85% 23.60% 22.42% 21.81% 21.67% 22.38% 22.70% 25.64% 26.70% 21.26% 21.49% 18.32% 17.60% 22.85% 21.19% 19.82% 15.67% 15.02% 15.53%
Micron Technology Inc. 24.86% 21.16% 16.20% 13.60% 13.59% 12.54% 11.16% 11.72% 17.01% 26.97% 37.36% 43.56% 46.82% 46.51% 43.36% 38.68% 32.77% 25.04% 14.66% 4.68% -2.32% -2.23%
Qualcomm Inc. 26.94% 28.25% 27.28% 25.21% 22.09% 13.72% 16.36% 17.31% 18.07% 13.41% 11.57% 10.03% -21.40% -18.40% -20.15% -18.64% 11.06% 17.26% 19.25% 20.56% 24.22%
Texas Instruments Inc. 41.61% 40.12% 40.04% 38.69% 36.24% 36.88% 35.23% 34.88% 35.16% 34.98% 34.84% 35.35% 29.62% 28.08% 26.39% 24.61% 29.98% 29.03% 28.20% 26.89%

Based on: 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-25), 10-Q (reporting date: 2020-07-26), 10-Q (reporting date: 2020-04-26), 10-K (reporting date: 2020-01-26), 10-Q (reporting date: 2019-10-27), 10-Q (reporting date: 2019-07-28), 10-Q (reporting date: 2019-04-28), 10-K (reporting date: 2019-01-27), 10-Q (reporting date: 2018-10-28), 10-Q (reporting date: 2018-07-29), 10-Q (reporting date: 2018-04-29), 10-K (reporting date: 2018-01-28), 10-Q (reporting date: 2017-10-29), 10-Q (reporting date: 2017-07-30), 10-Q (reporting date: 2017-04-30), 10-K (reporting date: 2017-01-29), 10-Q (reporting date: 2016-10-30), 10-Q (reporting date: 2016-07-31), 10-Q (reporting date: 2016-05-01), 10-K (reporting date: 2016-01-31), 10-Q (reporting date: 2015-10-25), 10-Q (reporting date: 2015-07-26), 10-Q (reporting date: 2015-04-26).

1 Q3 2022 Calculation
Net profit margin = 100 × (Net incomeQ3 2022 + Net incomeQ2 2022 + Net incomeQ1 2022 + Net incomeQ4 2021) ÷ (RevenueQ3 2022 + RevenueQ2 2022 + RevenueQ1 2022 + RevenueQ4 2021)
= 100 × (2,464 + 2,374 + 1,912 + 1,457) ÷ (7,103 + 6,507 + 5,661 + 5,003) = 33.81%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Net profit margin An indicator of profitability, calculated as net income divided by revenue. NVIDIA Corp. net profit margin ratio improved from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.

Return on Equity (ROE)

NVIDIA Corp., ROE calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Oct 31, 2021 Aug 1, 2021 May 2, 2021 Jan 31, 2021 Oct 25, 2020 Jul 26, 2020 Apr 26, 2020 Jan 26, 2020 Oct 27, 2019 Jul 28, 2019 Apr 28, 2019 Jan 27, 2019 Oct 28, 2018 Jul 29, 2018 Apr 29, 2018 Jan 28, 2018 Oct 29, 2017 Jul 30, 2017 Apr 30, 2017 Jan 29, 2017 Oct 30, 2016 Jul 31, 2016 May 1, 2016 Jan 31, 2016 Oct 25, 2015 Jul 26, 2015 Apr 26, 2015
Selected Financial Data (US$ in millions)
Net income 2,464  2,374  1,912  1,457  1,336  622  917  951  899  552  394  566  1,230  1,101  1,244  1,119  838  583  507  655  542  261  208  208  246  26  134 
Shareholders’ equity 23,798  21,147  18,774  16,893  15,334  13,914  13,099  12,204  11,214  10,336  9,704  9,342  9,475  8,795  7,717  7,471  6,352  5,973  6,132  5,762  5,324  4,480  4,196  4,469  4,465  4,185  4,556 
Profitability Ratio
ROE1 34.49% 33.48% 28.37% 25.64% 24.95% 24.36% 25.34% 22.91% 21.50% 26.53% 33.91% 44.33% 49.54% 48.91% 49.03% 40.78% 40.66% 38.29% 32.05% 28.91% 22.90% 20.60% 16.40% 13.74%
Benchmarks
ROE, Competitors2
Advanced Micro Devices Inc. 55.62% 48.63% 44.51% 42.66% 22.73% 18.43% 16.04% 12.06% 9.60% 10.05% 15.21% 26.62% 32.00% 37.43% 27.55% 7.04% -13.27% -130.94% -112.71% -119.47%
Applied Materials Inc. 48.08% 44.00% 36.95% 33.62% 34.21% 33.30% 32.31% 32.64% 32.94% 35.53% 42.51% 48.11% 48.44% 50.10% 45.03% 33.69% 36.73% 35.13% 32.17% 27.81% 23.85%
Broadcom Inc. 26.99% 24.94% 20.40% 16.49% 12.40% 10.54% 10.48% 10.83% 10.92% 13.91% 15.66% 27.99% 45.99% 42.53% 34.18% 29.66% 8.34% 2.67% -1.29% -9.86% -9.20%
Intel Corp. 23.42% 21.78% 23.30% 25.79% 29.44% 28.85% 29.78% 27.16% 26.05% 26.35% 27.93% 28.24% 21.22% 18.97% 15.81% 13.91% 19.52% 18.52% 16.81% 15.58%
Lam Research Corp. 73.28% 64.85% 64.42% 53.86% 48.15% 43.53% 46.21% 47.26% 43.02% 46.89% 50.48% 50.17% 43.65% 36.62% 27.72% 27.38% 27.84% 24.90% 21.20% 15.62% 14.38% 15.51%
Micron Technology Inc. 16.04% 13.34% 9.77% 7.86% 7.51% 6.89% 5.98% 6.20% 9.62% 17.59% 28.53% 37.78% 43.55% 43.77% 42.51% 38.92% 33.68% 27.33% 15.78% 4.82% -2.45% -2.28%
Qualcomm Inc. 90.88% 112.56% 108.05% 91.17% 85.54% 83.00% 132.94% 94.02% 89.35% 62.00% 63.55% 59.64% -524.14% -18.22% -19.12% -17.43% 8.02% 12.45% 14.27% 15.66% 17.95%
Texas Instruments Inc. 60.23% 60.30% 60.73% 60.90% 59.78% 66.05% 64.31% 56.33% 57.72% 62.82% 63.75% 62.04% 44.55% 41.38% 38.07% 35.62% 39.91% 38.46% 36.48% 34.33%

Based on: 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-25), 10-Q (reporting date: 2020-07-26), 10-Q (reporting date: 2020-04-26), 10-K (reporting date: 2020-01-26), 10-Q (reporting date: 2019-10-27), 10-Q (reporting date: 2019-07-28), 10-Q (reporting date: 2019-04-28), 10-K (reporting date: 2019-01-27), 10-Q (reporting date: 2018-10-28), 10-Q (reporting date: 2018-07-29), 10-Q (reporting date: 2018-04-29), 10-K (reporting date: 2018-01-28), 10-Q (reporting date: 2017-10-29), 10-Q (reporting date: 2017-07-30), 10-Q (reporting date: 2017-04-30), 10-K (reporting date: 2017-01-29), 10-Q (reporting date: 2016-10-30), 10-Q (reporting date: 2016-07-31), 10-Q (reporting date: 2016-05-01), 10-K (reporting date: 2016-01-31), 10-Q (reporting date: 2015-10-25), 10-Q (reporting date: 2015-07-26), 10-Q (reporting date: 2015-04-26).

1 Q3 2022 Calculation
ROE = 100 × (Net incomeQ3 2022 + Net incomeQ2 2022 + Net incomeQ1 2022 + Net incomeQ4 2021) ÷ Shareholders’ equity
= 100 × (2,464 + 2,374 + 1,912 + 1,457) ÷ 23,798 = 34.49%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. NVIDIA Corp. ROE improved from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.

Return on Assets (ROA)

NVIDIA Corp., ROA calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Oct 31, 2021 Aug 1, 2021 May 2, 2021 Jan 31, 2021 Oct 25, 2020 Jul 26, 2020 Apr 26, 2020 Jan 26, 2020 Oct 27, 2019 Jul 28, 2019 Apr 28, 2019 Jan 27, 2019 Oct 28, 2018 Jul 29, 2018 Apr 29, 2018 Jan 28, 2018 Oct 29, 2017 Jul 30, 2017 Apr 30, 2017 Jan 29, 2017 Oct 30, 2016 Jul 31, 2016 May 1, 2016 Jan 31, 2016 Oct 25, 2015 Jul 26, 2015 Apr 26, 2015
Selected Financial Data (US$ in millions)
Net income 2,464  2,374  1,912  1,457  1,336  622  917  951  899  552  394  566  1,230  1,101  1,244  1,119  838  583  507  655  542  261  208  208  246  26  134 
Total assets 40,632  38,650  30,796  28,791  26,881  25,180  23,254  17,315  15,810  14,775  14,021  13,292  13,657  12,882  11,460  11,241  9,830  9,402  9,410  9,841  9,612  7,461  7,108  7,370  7,174  6,979  7,291 
Profitability Ratio
ROA1 20.20% 18.32% 17.30% 15.05% 14.23% 13.46% 14.27% 16.15% 15.25% 18.56% 23.47% 31.15% 34.37% 33.40% 33.02% 27.11% 26.28% 24.32% 20.88% 16.93% 12.68% 12.37% 9.68% 8.33%
Benchmarks
ROA, Competitors2
Advanced Micro Devices Inc. 35.59% 32.14% 28.70% 27.78% 12.52% 9.25% 8.30% 5.66% 3.98% 3.74% 5.52% 7.40% 8.28% 8.02% 5.24% 1.21% -1.92% -16.20% -13.97% -14.97%
Applied Materials Inc. 22.80% 21.68% 18.40% 16.55% 16.19% 15.05% 13.37% 14.30% 14.22% 15.34% 18.57% 20.87% 18.64% 19.12% 17.14% 14.58% 17.68% 16.05% 14.48% 14.03% 11.80%
Broadcom Inc. 8.91% 8.00% 6.47% 5.14% 3.90% 3.13% 3.08% 3.26% 4.04% 4.29% 4.90% 9.01% 24.46% 23.18% 19.95% 14.09% 3.11% 1.06% -0.50% -3.78% -3.48%
Intel Corp. 12.56% 12.00% 12.35% 13.65% 15.11% 15.51% 15.39% 15.42% 14.46% 15.10% 15.89% 16.45% 11.83% 10.55% 8.62% 7.79% 10.90% 10.41% 9.71% 9.10%
Lam Research Corp. 27.40% 24.59% 22.64% 19.28% 17.33% 15.47% 16.21% 17.37% 17.21% 18.26% 20.71% 26.95% 21.20% 19.08% 13.80% 13.03% 16.33% 14.00% 12.04% 8.67% 7.04% 7.45%
Micron Technology Inc. 12.02% 9.96% 7.38% 5.91% 5.59% 5.01% 4.35% 4.63% 7.07% 12.91% 21.77% 27.50% 33.08% 32.59% 29.10% 24.24% 20.40% 14.40% 7.67% 2.13% -1.08% -1.00%
Qualcomm Inc. 21.93% 23.74% 21.58% 17.95% 14.60% 8.49% 12.67% 12.81% 13.31% 9.92% 7.22% 6.30% -14.88% -6.77% -7.10% -6.48% 3.77% 6.05% 7.98% 9.34% 10.90%
Texas Instruments Inc. 31.45% 32.64% 31.44% 28.91% 27.34% 28.94% 28.78% 27.84% 28.82% 30.67% 31.14% 32.56% 25.22% 23.75% 23.14% 20.87% 25.90% 25.05% 24.29% 21.88%

Based on: 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-25), 10-Q (reporting date: 2020-07-26), 10-Q (reporting date: 2020-04-26), 10-K (reporting date: 2020-01-26), 10-Q (reporting date: 2019-10-27), 10-Q (reporting date: 2019-07-28), 10-Q (reporting date: 2019-04-28), 10-K (reporting date: 2019-01-27), 10-Q (reporting date: 2018-10-28), 10-Q (reporting date: 2018-07-29), 10-Q (reporting date: 2018-04-29), 10-K (reporting date: 2018-01-28), 10-Q (reporting date: 2017-10-29), 10-Q (reporting date: 2017-07-30), 10-Q (reporting date: 2017-04-30), 10-K (reporting date: 2017-01-29), 10-Q (reporting date: 2016-10-30), 10-Q (reporting date: 2016-07-31), 10-Q (reporting date: 2016-05-01), 10-K (reporting date: 2016-01-31), 10-Q (reporting date: 2015-10-25), 10-Q (reporting date: 2015-07-26), 10-Q (reporting date: 2015-04-26).

1 Q3 2022 Calculation
ROA = 100 × (Net incomeQ3 2022 + Net incomeQ2 2022 + Net incomeQ1 2022 + Net incomeQ4 2021) ÷ Total assets
= 100 × (2,464 + 2,374 + 1,912 + 1,457) ÷ 40,632 = 20.20%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROA A profitability ratio calculated as net income divided by total assets. NVIDIA Corp. ROA improved from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.