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.


See also:

Abbott Laboratories Return on Assets (ROA) (Quarterly Data)