Henry Schein Inc (HSIC)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 390,000 | 416,000 | 538,000 | 631,000 | 404,000 |
| Total assets | US$ in thousands | 10,218,000 | 10,573,000 | 8,607,000 | 8,481,000 | 7,773,000 |
| ROA | 3.82% | 3.93% | 6.25% | 7.44% | 5.20% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $390,000K ÷ $10,218,000K
= 3.82%
Based on the data provided, the return on assets (ROA) for Henry Schein Inc has fluctuated over the past five years. The ROA was 5.20% as of December 31, 2020, and then increased to 7.44% by December 31, 2021. However, in the following years, the ROA experienced a slight decline, reaching 6.25% by December 31, 2022, and further dropping to 3.93% by December 31, 2023. By December 31, 2024, the ROA stood at 3.82%.
The trend indicates that the company initially improved its efficiency in generating profits relative to its assets in 2021 but faced challenges in maintaining this level of performance in the subsequent years. The decreasing ROA from 2022 to 2024 may suggest potential issues with asset utilization or profitability that could impact the company's overall financial health. It would be advisable for investors and stakeholders to closely monitor Henry Schein Inc's asset management and profitability strategies to ensure sustainable long-term growth and performance.
Peer comparison
Dec 31, 2024