Boston Scientific Corp (BSX)

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	1,850,000	1,789,000	1,825,000	1,771,000	1,593,000	1,228,000	898,000	874,000	656,000	598,000	829,000	755,000	986,000	1,056,000	496,000	177,000	-139,000	3,705,000	3,986,000	4,287,000
Total assets	US$ in thousands	39,395,000	38,078,000	37,108,000	36,669,000	35,136,000	34,043,000	33,601,000	32,892,000	32,470,000	31,948,000	32,190,000	32,337,000	32,230,000	31,877,000	31,168,000	30,900,000	30,778,000	30,845,000	30,823,000	30,113,000
ROA		4.70%	4.70%	4.92%	4.83%	4.53%	3.61%	2.67%	2.66%	2.02%	1.87%	2.58%	2.33%	3.06%	3.31%	1.59%	0.57%	-0.45%	12.01%	12.93%	14.24%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $1,850,000K ÷ $39,395,000K
= 4.70%

Boston Scientific Corp's return on assets (ROA) has shown some fluctuations over the periods mentioned.

- The ROA was strong in the first half of 2020, above 12%, indicating that the company was effectively utilizing its assets to generate profits during that time.
- However, in the second half of 2020, the ROA turned negative, reaching a low of -0.45% by December 31, 2020. This may indicate that the company was not efficiently utilizing its assets to generate profits during that period.
- The ROA gradually improved in 2021 and 2022, reaching levels between 1.59% and 4.92%. This suggests that Boston Scientific Corp was able to enhance its profitability relative to its total assets during those periods.
- The ROA remained relatively stable around 4.70% from December 31, 2024, indicating that the company maintained a consistent level of profitability relative to its total assets.

In conclusion, Boston Scientific Corp's ROA showed both positive and negative trends over the periods analyzed, with some fluctuations but overall indicating a generally satisfactory performance in terms of asset utilization and profitability.