Charles River Laboratories (CRL)
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 | 22,203 | 423,782 | 441,514 | 444,453 | 474,624 | 474,950 | 484,034 | 496,335 | 486,226 | 436,394 | 443,347 | 422,474 | 390,982 | 396,595 | 396,078 | 375,065 | 364,304 | 301,461 | 271,362 | 247,655 |
| Total assets | US$ in thousands | 7,528,340 | 8,003,840 | 7,948,280 | 8,152,780 | 8,195,000 | 7,607,010 | 7,772,380 | 7,699,440 | 7,602,770 | 7,382,770 | 7,529,360 | 7,075,050 | 7,024,290 | 7,058,440 | 6,720,350 | 5,808,960 | 5,490,830 | 5,213,340 | 5,240,880 | 5,201,790 |
| ROA | 0.29% | 5.29% | 5.55% | 5.45% | 5.79% | 6.24% | 6.23% | 6.45% | 6.40% | 5.91% | 5.89% | 5.97% | 5.57% | 5.62% | 5.89% | 6.46% | 6.63% | 5.78% | 5.18% | 4.76% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $22,203K ÷ $7,528,340K
= 0.29%
The return on assets (ROA) for Charles River Laboratories has shown a generally positive trend from March 2020 to December 2023, fluctuating between 4.76% to 6.45%. This indicates that the company has been efficient in generating profits relative to its total assets during this period.
However, there was a significant drop in ROA to 0.29% by December 2024, which raises concerns about the company's ability to generate profits from its assets effectively. It would be important to further investigate the factors contributing to this sudden decline in ROA to assess the overall financial health and performance of Charles River Laboratories.
Peer comparison
Dec 31, 2024