Intuitive Surgical Inc (ISRG)
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 | 2,322,600 | 2,243,100 | 2,093,700 | 1,987,600 | 1,798,000 | 1,516,700 | 1,425,000 | 1,312,000 | 1,322,300 | 1,378,000 | 1,434,500 | 1,643,900 | 1,704,600 | 1,689,200 | 1,622,600 | 1,173,400 | 1,060,600 | 1,053,100 | 1,136,000 | 1,386,300 |
Total assets | US$ in thousands | 18,743,200 | 17,743,400 | 16,649,900 | 15,828,000 | 15,441,500 | 14,712,700 | 13,903,300 | 13,053,200 | 12,974,000 | 13,260,800 | 13,705,200 | 13,678,400 | 13,555,000 | 12,934,600 | 12,297,000 | 11,540,400 | 11,168,900 | 10,617,500 | 10,103,600 | 9,891,100 |
ROA | 12.39% | 12.64% | 12.57% | 12.56% | 11.64% | 10.31% | 10.25% | 10.05% | 10.19% | 10.39% | 10.47% | 12.02% | 12.58% | 13.06% | 13.20% | 10.17% | 9.50% | 9.92% | 11.24% | 14.02% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $2,322,600K ÷ $18,743,200K
= 12.39%
Intuitive Surgical Inc's return on assets (ROA) has shown some fluctuations over the past few years. The ROA decreased from 14.02% as of March 31, 2020, to a low of 9.50% by December 31, 2020. However, there was a subsequent increase in ROA, reaching 13.20% by June 30, 2021, before fluctuating around the 12% mark for the following quarters.
Overall, Intuitive Surgical Inc's ROA demonstrates solid financial performance, consistently above 10% for most periods analyzed. This indicates that the company efficiently utilizes its assets to generate profits. The slight fluctuations in ROA may be attributed to changes in the company's asset base or profitability levels during specific periods. Monitoring this ratio can provide insights into the company's operational efficiency and effectiveness in generating returns for its stakeholders.
Peer comparison
Dec 31, 2024
See also:
Intuitive Surgical Inc Return on Assets (ROA) (Quarterly Data)