Charles River Laboratories (CRL)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 22,203 | 474,624 | 486,226 | 390,982 | 364,304 |
| Total assets | US$ in thousands | 7,528,340 | 8,195,000 | 7,602,770 | 7,024,290 | 5,490,830 |
| ROA | 0.29% | 5.79% | 6.40% | 5.57% | 6.63% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $22,203K ÷ $7,528,340K
= 0.29%
The return on assets (ROA) of Charles River Laboratories has shown fluctuations over the past five years, ranging from a high of 6.63% in December 2020 to a significantly lower 0.29% in December 2024. This indicates that the company's ability to generate profits from its assets has varied during this period. The decreasing trend from 2020 to 2024 may suggest a potential decline in the company's efficiency in utilizing its assets to generate earnings. It is essential for Charles River Laboratories to closely monitor and improve its ROA to ensure optimal performance and profitability in the future.
Peer comparison
Dec 31, 2024