Aspen Technology Inc

NASDAQ AZPN

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Aspen Technology Inc Return on Net Investment (RONI) for the year ending June 30, 2023

Aspen Technology Inc Return on Net Investment (RONI) is NA for the year ending June 30, 2023. Return on net investment measures the profitability of a company relative to its net investment, which includes total investments minus short-term investments and long-term debt. It is calculated by dividing the net income by the net investment. This ratio provides insights into the return generated for each unit of net investment made by the company. A higher return on net investment indicates better profitability and efficient utilization of the company's invested capital.

NASDAQ: AZPN

Aspen Technology Inc

CEO	Mr. Antonio J. Pietri
IPO Date	Oct. 25, 1994
Location	United States
Headquarters	20 Crosby Drive, Bedford, MA, United States, 01730
Employees	3,900
Sector	Technology
Industry	Software - application

Description

Aspen Technology, Inc. provides industrial software that focuses on helping customers in asset-intensive industries worldwide. The company's solutions address complex environments where it is critical to optimize the asset design, operation, and maintenance lifecycle. Its software is used in performance engineering, modeling and design, supply chain management, predictive and prescriptive maintenance, digital grid management, and industrial data management. The company serves a range of asset-intensive industries, including oil and gas exploration and production; oil and gas processing and distribution; and oil and gas refining and marketing, as well as bulk and specialty chemicals, engineering and construction, power and utilities, metals and mining, and pharmaceuticals. Aspen Technology, Inc. was founded in 1981 and is headquartered in Bedford, Massachusetts. Aspen Technology, Inc. operates as a subsidiary of EMR Worldwide Inc.

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