ICU Medical Inc (ICUI)

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 -117,688 -111,007 -70,786 -59,314 -29,655 -28,044 -48,490 -46,030 -74,286 -38,825 5,464 41,336 103,135 109,352 103,257 93,767 86,870 81,369 82,946 86,871
Total assets US$ in thousands 4,203,930 4,305,040 4,286,670 4,288,400 4,378,440 4,376,860 4,463,040 4,470,630 4,515,640 4,450,480 4,590,000 4,746,730 1,880,740 1,839,350 1,802,840 1,765,230 1,763,690 1,729,540 1,859,060 1,816,980
ROA -2.80% -2.58% -1.65% -1.38% -0.68% -0.64% -1.09% -1.03% -1.65% -0.87% 0.12% 0.87% 5.48% 5.95% 5.73% 5.31% 4.93% 4.70% 4.46% 4.78%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $-117,688K ÷ $4,203,930K
= -2.80%

The return on assets (ROA) of ICU Medical Inc has shown a declining trend from March 31, 2022, to December 31, 2024. The ROA decreased from 0.87% in March 31, 2022, to -2.80% in December 31, 2024. This indicates that the company's ability to generate profits from its assets has deteriorated over this period. It is essential for ICU Medical Inc to address this downward trend in ROA to ensure efficient asset utilization and profitability in the future.