Leidos Holdings Inc (LDOS)

Return on assets (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
Net income (ttm) US$ in thousands 1,161,000 478,000 321,000 199,000 147,000 708,000 672,000 685,000 682,000 725,000 723,000 753,000 776,000 734,000 718,000 628,000 612,000 610,000 593,000 667,000
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
ROA 8.86% 3.58% 2.50% 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%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $1,161,000K ÷ $13,104,000K
= 8.86%

Based on the provided data, Leidos Holdings Inc's return on assets (ROA) fluctuated over the given period. The ROA decreased from 7.12% as of December 31, 2019, to 1.15% as of September 30, 2023, showcasing a declining trend. However, the ROA experienced a significant rebound, reaching 8.86% as of December 31, 2024, marking a substantial improvement in profitability.

Overall, the ROA stayed within the range of 1.15% to 8.86% during the analyzed period. It is essential for stakeholders to monitor Leidos Holdings Inc's ROA closely to understand its efficiency in utilizing assets to generate profits effectively.