Bruker Corporation (BRKR)

Return on assets (ROA)

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	427,200	319,100	319,100	311,500	296,600	274,900	273,900	282,000	277,100	270,300	237,500	204,000	157,800	157,500	164,500	176,900	197,200	206,700	188,800	183,500
Total assets	US$ in thousands	4,249,900	3,819,600	3,857,000	3,763,900	3,611,800	3,336,900	3,384,800	3,550,700	3,650,000	3,127,700	3,087,000	3,034,900	3,049,000	2,879,400	2,943,400	2,961,900	2,771,500	2,352,100	2,349,700	2,242,500
ROA		10.05%	8.35%	8.27%	8.28%	8.21%	8.24%	8.09%	7.94%	7.59%	8.64%	7.69%	6.72%	5.18%	5.47%	5.59%	5.97%	7.12%	8.79%	8.04%	8.18%

December 31, 2023 calculation

ROA = Net income (ttm) ÷ Total assets
= $427,200K ÷ $4,249,900K
= 10.05%

Based on the provided data, Bruker Corp's return on assets (ROA) has shown a relatively stable performance over the past eight quarters, ranging from 7.94% to 10.05%. The company's ROA peaked in Q4 2023 at 10.05%, indicating that for every dollar of assets, the company generated a profit of 10.05 cents. This may suggest efficient utilization of assets to generate earnings.

Overall, Bruker Corp's ROA has generally been above 8% in the recent quarters, indicating that the company has been effectively generating profits relative to its asset base. This consistency in ROA may demonstrate the company's ability to manage its assets efficiently and generate returns for its shareholders. However, it would be beneficial to further analyze the company's financial performance and compare its ROA with industry peers to gain more insights into its overall financial health and profitability.