Danaher Corporation (DHR)
Operating return on assets (Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 4,863,000 | 3,979,000 | 4,459,000 | 4,188,000 | 4,670,000 | 5,821,000 | 6,398,000 | 7,706,000 | 7,500,000 | 7,962,000 | 7,256,000 | 7,056,000 | 7,465,000 | 6,912,000 | 6,690,600 | 5,530,200 | 4,230,700 | 3,591,400 | 3,338,600 | 3,377,800 |
| Total assets | US$ in thousands | 77,542,000 | 80,615,000 | 78,555,000 | 83,402,000 | 84,488,000 | 87,734,000 | 84,902,000 | 85,040,000 | 84,350,000 | 81,030,000 | 81,806,000 | 83,392,000 | 83,184,000 | 82,498,000 | 78,027,000 | 75,426,000 | 76,161,000 | 72,890,700 | 71,268,400 | 68,930,300 |
| Operating ROA | 6.27% | 4.94% | 5.68% | 5.02% | 5.53% | 6.63% | 7.54% | 9.06% | 8.89% | 9.83% | 8.87% | 8.46% | 8.97% | 8.38% | 8.57% | 7.33% | 5.55% | 4.93% | 4.68% | 4.90% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $4,863,000K ÷ $77,542,000K
= 6.27%
Operating return on assets (Operating ROA) is a key financial ratio that measures a company's operating profitability relative to its total assets. For Danaher Corporation, the trend of Operating ROA over the past few years shows fluctuations.
During the period from March 31, 2020, to December 31, 2022, the Operating ROA generally increased from 4.90% to 8.97%, indicating improved operational efficiency in generating profits from its assets. This upward trend suggests that Danaher was effectively utilizing its assets to generate operating income.
However, in the later period from March 31, 2023, to December 31, 2024, the Operating ROA experienced a decline, dropping to 5.53% by the end of 2023 before ticking up slightly to 6.27% by December 31, 2024. This downward trend could suggest challenges in maintaining profitability levels relative to its asset base.
Overall, Danaher Corporation's Operating ROA has shown both positive and negative movements over the reviewed periods, indicating fluctuations in its operating efficiency and profitability relative to its asset base. Further analysis would be needed to understand the underlying factors driving these changes and their implications for the company's financial performance.
Peer comparison
Dec 31, 2024