LeMaitre Vascular Inc (LMAT)

Return on assets (ROA)

Dec 31, 2024 Sep 30, 2024 Jun 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
Net income (ttm) US$ in thousands 44,038 41,319 37,680 33,952 30,105 27,267 25,221 20,638 20,636 21,184 22,232 27,016 26,907 27,765 28,774 23,975 21,220 18,800 16,471 17,595
Total assets US$ in thousands 551,817 377,025 363,079 353,957 346,778 334,012 326,467 314,866 310,476 302,048 299,425 292,453 292,802 289,473 246,505 247,369 252,810 261,569 255,717 184,557
ROA 7.98% 10.96% 10.38% 9.59% 8.68% 8.16% 7.73% 6.55% 6.65% 7.01% 7.42% 9.24% 9.19% 9.59% 11.67% 9.69% 8.39% 7.19% 6.44% 9.53%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $44,038K ÷ $551,817K
= 7.98%

LeMaitre Vascular Inc's return on assets (ROA) has shown fluctuations over the periods recorded. From March 31, 2020, to December 31, 2024, the ROA ranged from a low of 6.44% in June 30, 2020, to a peak of 11.67% in June 30, 2021. The ROA generally demonstrated an upward trend in the initial years, reaching a high of 10.96% in September 30, 2024, before experiencing a decline to 7.98% by December 31, 2024. Overall, the ROA figures indicate the company's efficiency in generating profits relative to its total assets, with fluctuations reflecting changes in the company's performance and asset utilization over time.