LivaNova PLC (LIVN)
Operating return on assets (Operating ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 129,051 | -68,498 | -76,752 | -784 | -273,899 |
Total assets | US$ in thousands | 2,506,390 | 2,429,560 | 2,294,770 | 2,200,950 | 2,399,960 |
Operating ROA | 5.15% | -2.82% | -3.34% | -0.04% | -11.41% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $129,051K ÷ $2,506,390K
= 5.15%
The operating return on assets (ROA) for LivaNova PLC has shown variability over the past five years. The ROA was negative in the years 2020, 2021, 2022, and 2023, indicating that the company's operating earnings were insufficient to cover its assets during those periods. However, there was a significant improvement in performance in 2024, with an operating ROA of 5.15%, reflecting a more efficient utilization of assets to generate operating income. Overall, the trend suggests that LivaNova PLC has been working to enhance operational efficiency and profitability, as evidenced by the positive ROA in the most recent year.
Peer comparison
Dec 31, 2024