Abbott Laboratories (ABT)
Return on assets (ROA)
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 13,402,000 | 5,767,000 | 5,557,000 | 5,630,000 | 5,723,000 | 5,162,000 | 5,161,000 | 5,804,000 | 6,933,000 | 7,889,000 | 8,554,000 | 7,725,000 | 7,071,000 | 7,244,000 | 6,376,000 | 5,724,000 | 4,495,000 | 3,382,000 | 3,110,000 | 3,579,000 |
Total assets | US$ in thousands | 81,414,000 | 74,356,000 | 73,017,000 | 72,467,000 | 73,214,000 | 72,090,000 | 73,354,000 | 73,794,000 | 74,438,000 | 72,801,000 | 74,202,000 | 74,007,000 | 75,196,000 | 73,795,000 | 73,269,000 | 72,785,000 | 72,548,000 | 69,043,000 | 68,793,000 | 66,712,000 |
ROA | 16.46% | 7.76% | 7.61% | 7.77% | 7.82% | 7.16% | 7.04% | 7.87% | 9.31% | 10.84% | 11.53% | 10.44% | 9.40% | 9.82% | 8.70% | 7.86% | 6.20% | 4.90% | 4.52% | 5.36% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $13,402,000K ÷ $81,414,000K
= 16.46%
Abbott Laboratories' return on assets (ROA) has exhibited fluctuations over the period from March 31, 2020, to December 31, 2024. The ROA started at 5.36% in March 2020, decreased to 4.52% in June 2020, and then increased to 6.20% by December 2020. Subsequently, there was a continuous improvement in ROA, reaching its peak at 16.46% in December 2024, showing a strong performance. Overall, the trend indicates that Abbott Laboratories has been effectively utilizing its assets to generate profits, with a general upward trajectory in ROA over the analyzed period.
Peer comparison
Dec 31, 2024
Company name
Symbol
ROA
Abbott Laboratories
ABT
16.46%
AbbVie Inc
ABBV
3.17%
ACADIA Pharmaceuticals Inc
ACAD
19.07%
Alkermes Plc
ALKS
17.86%
Amphastar P
AMPH
10.11%
ANI Pharmaceuticals Inc
ANIP
-1.44%
Arcus Biosciences Inc
RCUS
-24.61%
Biomarin Pharmaceutical Inc
BMRN
6.11%
Bristol-Myers Squibb Company
BMY
-9.66%
Catalyst Pharmaceuticals Inc
CPRX
19.25%
Collegium Pharmaceutical Inc
COLL
4.16%