Baxter International Inc (BAX)

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	-649,000	108,000	2,476,000	2,649,000	2,656,000	2,592,000	-2,850,000	-2,457,000	-2,430,000	-2,373,000	1,011,000	1,057,000	1,284,000	1,214,000	1,120,000	1,068,000	1,102,000	911,000	924,000	991,000
Total assets	US$ in thousands	25,782,000	26,676,000	26,312,000	27,788,000	28,276,000	30,656,000	27,885,000	28,291,000	28,287,000	27,965,000	31,831,000	32,716,000	33,521,000	19,807,000	19,682,000	19,466,000	20,019,000	20,098,000	19,465,000	19,075,000
ROA		-2.52%	0.40%	9.41%	9.53%	9.39%	8.46%	-10.22%	-8.68%	-8.59%	-8.49%	3.18%	3.23%	3.83%	6.13%	5.69%	5.49%	5.50%	4.53%	4.75%	5.20%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $-649,000K ÷ $25,782,000K
= -2.52%

Baxter International Inc's return on assets (ROA) has exhibited fluctuations over the period from March 31, 2020, to December 31, 2024. The ROA started at 5.20% in March 2020, slightly decreased to 4.75% by June 2020, and then further dropped to 4.53% in September 2020.

However, there was a notable improvement in the ROA by December 2020, reaching 5.50%. The trend continued positively into the following quarters, with ROA peaking at 9.53% by March 2024.

Nonetheless, Baxter experienced a sudden decline in performance in the second half of 2024, with ROA dropping sharply to -2.52% by December 2024. The sudden negative turn in performance might indicate potential challenges or issues impacting the company's ability to generate returns from its assets effectively.

Overall, while Baxter International Inc's ROA has shown some volatility, it is essential for stakeholders to closely monitor the company's financial performance and investigate the factors contributing to the fluctuating ROA levels.