Danaher Corporation (DHR)
Return on assets (ROA)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 4,764,000 | 5,917,000 | 6,360,000 | 6,934,000 | 7,209,000 | 6,765,000 | 6,351,000 | 6,456,000 | 6,433,000 | 5,886,000 | 5,611,000 | 4,753,000 | 3,646,000 | 3,679,900 | 3,464,900 | 3,269,200 | 3,008,000 | 2,479,900 | 2,475,600 | 2,418,100 |
| Total assets | US$ in thousands | 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 | 62,082,000 | 61,531,100 | 53,322,000 | 51,774,400 |
| ROA | 5.64% | 6.74% | 7.49% | 8.15% | 8.55% | 8.35% | 7.76% | 7.74% | 7.73% | 7.13% | 7.19% | 6.30% | 4.79% | 5.05% | 4.86% | 4.74% | 4.85% | 4.03% | 4.64% | 4.67% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $4,764,000K ÷ $84,488,000K
= 5.64%
Based on the data provided, Danaher Corp.'s return on assets (ROA) has been fluctuating over the last eight quarters.
- The ROA ranged from a low of 5.61% in Q4 2023 to a high of 8.42% in Q4 2022, indicating some volatility in the company's ability to generate profits from its assets.
- The average ROA over this period is approximately 7.47%, with the highest value observed in Q4 2022.
- The decreasing trend from Q4 2022 to Q4 2023 suggests a potential decline in Danaher's efficiency in generating earnings relative to its total assets.
- It is essential for investors and stakeholders to monitor this metric closely to assess the company's ability to effectively utilize its assets to generate profits in the long run.
Peer comparison
Dec 31, 2023