Leidos Holdings Inc (LDOS)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,254,000 | 199,000 | 685,000 | 753,000 | 628,000 |
| Total assets | US$ in thousands | 13,104,000 | 12,695,000 | 13,071,000 | 13,261,000 | 12,511,000 |
| ROA | 9.57% | 1.57% | 5.24% | 5.68% | 5.02% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $1,254,000K ÷ $13,104,000K
= 9.57%
Based on the data provided, Leidos Holdings Inc's return on assets (ROA) has shown fluctuations over the years analyzed. In December 31, 2020, the ROA was 5.02%, which increased to 5.68% by December 31, 2021. The ROA then slightly decreased to 5.24% by December 31, 2022 before experiencing a significant drop to 1.57% by December 31, 2023. However, there was a notable improvement in performance by December 31, 2024, with the ROA soaring to 9.57%.
The fluctuations in ROA indicate varying levels of efficiency in the company's ability to generate profit from its assets over the years. The rise in ROA from 2020 to 2021 suggests improved asset utilization and profitability, while the decrease in 2022 and sharp decline in 2023 may indicate challenges in managing assets effectively. The substantial increase in ROA in 2024 signifies a remarkable improvement in the company's asset efficiency and profitability.
Further analysis of the factors influencing these changes in ROA, such as changes in revenue, expenses, asset base, and overall economic conditions, would provide a deeper understanding of Leidos Holdings Inc's financial performance and operational efficiency.
Peer comparison
Dec 31, 2024