Gilead Sciences Inc (GILD)
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 | 480,000 | 126,000 | 1,053,000 | 484,000 | 5,664,000 | 5,875,000 | 5,484,000 | 5,583,000 | 4,585,000 | 3,327,000 | 4,130,000 | 4,508,000 | 6,225,000 | 7,394,000 | 5,162,000 | 301,000 | 123,000 | 1,268,000 | -257,000 | 4,962,000 |
| Total assets | US$ in thousands | 58,995,000 | 54,525,000 | 53,579,000 | 56,292,000 | 62,125,000 | 62,373,000 | 62,337,000 | 61,876,000 | 63,171,000 | 62,557,000 | 62,870,000 | 63,080,000 | 67,952,000 | 67,098,000 | 67,984,000 | 67,492,000 | 68,407,000 | 60,878,000 | 55,934,000 | 59,741,000 |
| ROA | 0.81% | 0.23% | 1.97% | 0.86% | 9.12% | 9.42% | 8.80% | 9.02% | 7.26% | 5.32% | 6.57% | 7.15% | 9.16% | 11.02% | 7.59% | 0.45% | 0.18% | 2.08% | -0.46% | 8.31% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $480,000K ÷ $58,995,000K
= 0.81%
The return on assets (ROA) of Gilead Sciences Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ROA started at 8.31% in March 2020 and experienced a decline to -0.46% in June 2020, indicating a period of inefficiency in asset utilization. However, the company managed to improve its ROA gradually, reaching 11.02% in September 2021, which was the highest point during the period analyzed.
Subsequently, the ROA maintained a range between 5% to 9%, with slight fluctuations, and ended at 0.81% in December 2024. This suggests that the company was able to generate a moderate return relative to its total assets in the later period.
Overall, Gilead Sciences Inc's ROA performance indicates variability but generally improved asset efficiency and profitability over the analyzed period, with occasional fluctuations likely influenced by factors such as business operations, investments, and economic conditions.
Peer comparison
Dec 31, 2024