Danaher Corporation (DHR)

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	3,899,000	3,892,000	4,203,000	4,402,000	4,764,000	5,917,000	6,339,000	6,891,000	7,125,000	6,640,000	6,206,000	6,292,000	6,269,000	5,721,400	5,446,400	4,594,400	3,509,400	3,585,100	3,391,500	3,208,100
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
ROA		5.03%	4.83%	5.35%	5.28%	5.64%	6.74%	7.47%	8.10%	8.45%	8.19%	7.59%	7.55%	7.54%	6.94%	6.98%	6.09%	4.61%	4.92%	4.76%	4.65%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $3,899,000K ÷ $77,542,000K
= 5.03%

Danaher Corporation's return on assets (ROA) has shown a fluctuating trend over the specified period, starting at 4.65% as of March 31, 2020, and reaching a peak of 8.45% by December 31, 2022. The ROA then experienced a slight decline before stabilizing around the 5-6% range for most of 2023 and 2024.

Overall, Danaher Corporation's ROA demonstrates the company's ability to generate profits relative to its total assets, with the ratio varying due to factors such as operational efficiency, asset utilization, and profitability. The upward trajectory from 2020 to 2022 indicates improved asset management and profitability, although the subsequent fluctuations suggest potential challenges or adjustments in the company's operations. Close monitoring of ROA trends can provide insights into the effectiveness of Danaher's asset utilization and overall financial performance.