Leidos Holdings Inc (LDOS)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,713,000 | 956,000 | 771,000 | 621,000 | 525,000 | 1,142,000 | 1,082,000 | 1,088,000 | 1,093,000 | 1,117,000 | 1,115,000 | 1,152,000 | 1,181,000 | 1,134,000 | 1,114,000 | 998,000 | 960,000 | 951,000 | 912,000 | 912,000 |
| Total assets | US$ in thousands | 13,104,000 | 13,338,000 | 12,817,000 | 12,695,000 | 12,757,000 | 13,026,000 | 13,132,000 | 13,071,000 | 13,099,000 | 12,887,000 | 13,030,000 | 13,261,000 | 13,281,000 | 13,035,000 | 12,638,000 | 12,511,000 | 12,285,000 | 12,143,000 | 10,988,000 | 9,367,000 |
| Operating ROA | 13.07% | 7.17% | 6.02% | 4.89% | 4.12% | 8.77% | 8.24% | 8.32% | 8.34% | 8.67% | 8.56% | 8.69% | 8.89% | 8.70% | 8.81% | 7.98% | 7.81% | 7.83% | 8.30% | 9.74% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,713,000K ÷ $13,104,000K
= 13.07%
The operating return on assets (ROA) for Leidos Holdings Inc has fluctuated over the reported periods. It was at 9.74% as of December 31, 2019, showing a decent return on assets relative to its operating activities. The ratio decreased to 4.12% as of September 30, 2023, signaling a significant drop in operational efficiency.
However, the operating ROA rebounded to 13.07% by December 31, 2024, indicating a strong performance in utilizing assets to generate operating income. This improvement suggests that the company's operating activities became more profitable and efficient, generating higher returns on its assets.
Overall, the trend in Leidos Holdings Inc's operating ROA demonstrates some volatility but ultimately shows an upward trajectory towards the end of the reporting period, reflecting improved operational efficiency and profitability.
Peer comparison
Dec 31, 2024