Leidos Holdings Inc (LDOS)
Return on assets (ROA)
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 199,000 | 147,000 | 708,000 | 672,000 | 685,000 | 682,000 | 725,000 | 723,000 | 753,000 | 776,000 | 734,000 | 718,000 | 628,000 | 612,000 | 610,000 | 593,000 | 667,000 | 674,000 | 660,000 | 668,000 |
| Total assets | US$ in thousands | 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 | 9,410,000 | 9,327,000 | 9,360,000 |
| ROA | 1.57% | 1.15% | 5.44% | 5.12% | 5.24% | 5.21% | 5.63% | 5.55% | 5.68% | 5.84% | 5.63% | 5.68% | 5.02% | 4.98% | 5.02% | 5.40% | 7.12% | 7.16% | 7.08% | 7.14% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $199,000K ÷ $12,695,000K
= 1.57%
Leidos Holdings Inc has shown varying levels of return on assets (ROA) over the past several quarters. ROA provides insight into how efficiently a company is generating profits from its assets.
In the most recent quarter ending December 31, 2023, Leidos had an ROA of 1.57%, which indicates that the company generated $0.0157 in profit for every $1 of assets it holds. This represents a slight increase from the previous quarter's ROA of 1.15% in September 2023.
Looking back over the past few quarters, the company's ROA has fluctuated within a range of 1.15% to 7.16%. The Quarterly ROA figures for Leidos have generally been in the range of 5% to 7%, indicating that the company has been effectively utilizing its assets to generate profits.
It is important for investors and stakeholders to closely monitor the trend in ROA over time, as it can provide insights into the company's operational efficiency and profitability. The variations in Leidos' ROA suggest changes in the company's asset utilization and/or profitability levels, which may require further investigation to understand the underlying reasons.
Peer comparison
Dec 31, 2023