Lantheus Holdings Inc (LNTH)

Operating return on assets (Operating 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
Operating income (ttm)	US$ in thousands	364,642	55,479	28,861	-32,074	36,195	172,534	72,463	-17,522	-60,825	-26,015	-16,937	4,299	-4,198	8,768	22,535	42,617	51,661	56,166	64,131	65,520
Total assets	US$ in thousands	1,651,150	1,521,610	1,337,720	1,349,280	1,321,260	1,095,940	1,013,820	933,166	863,784	847,816	857,802	843,448	869,821	879,594	879,695	404,125	405,919	402,409	390,250	443,908
Operating ROA		22.08%	3.65%	2.16%	-2.38%	2.74%	15.74%	7.15%	-1.88%	-7.04%	-3.07%	-1.97%	0.51%	-0.48%	1.00%	2.56%	10.55%	12.73%	13.96%	16.43%	14.76%

December 31, 2023 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $364,642K ÷ $1,651,150K
= 22.08%

The operating return on assets (operating ROA) for Lantheus Holdings Inc has shown varying results over the past eight quarters. In Q4 2023, the operating ROA was 22.08%, which indicates a strong performance in generating operating profits relative to its total assets. This was a significant increase compared to the previous quarter, where the operating ROA was 3.65%.

The trend in operating ROA for Lantheus Holdings Inc has been fluctuating, with positive values in some quarters and negative values in others. In Q2 2023 and Q1 2023, the operating ROA was 2.16% and -2.38% respectively, showing a decline and a negative return on assets in Q1. This was followed by a rebound in Q4 2022, where the operating ROA was 2.74%.

Looking back further, in Q3 2022 and Q2 2022, the operating ROA was 15.74% and 7.15% respectively, indicating strong profitability and efficiency in asset utilization. However, in Q1 2022, the operating ROA was -1.88%, showing a decrease and a negative return on assets.

Overall, the analysis of Lantheus Holdings Inc operating ROA suggests that the company's performance in generating operating profits relative to its assets has been mixed, with fluctuations in profitability and efficiency over the past eight quarters. It would be important for the company to assess the factors contributing to these fluctuations to maintain positive performance in the future.