Lantheus Holdings Inc (LNTH)

Return on assets (ROA)

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Net income US$ in thousands 312,442 326,661 28,067 -71,279 -13,473
Total assets US$ in thousands 1,980,340 1,651,150 1,321,260 863,784 869,821
ROA 15.78% 19.78% 2.12% -8.25% -1.55%

December 31, 2024 calculation

ROA = Net income ÷ Total assets
= $312,442K ÷ $1,980,340K
= 15.78%

Lantheus Holdings Inc's return on assets (ROA) has shown significant fluctuations over the past years. The ROA was negative in December 31, 2020, at -1.55%, indicating that the company's assets were not generating a satisfactory return. This negative trend worsened in December 31, 2021, with a ROA of -8.25%, suggesting further inefficiencies in asset utilization.

However, there was a notable turnaround in December 31, 2022, as the ROA improved to 2.12%, indicating that the company's assets started to generate a positive return. This positive momentum continued in the subsequent years, with ROA increasing to 19.78% in December 31, 2023, and 15.78% in December 31, 2024.

Overall, Lantheus Holdings Inc's ROA has shown a volatile performance, with a strong rebound from negative returns to significantly positive returns in recent years. This improvement suggests enhanced efficiency in asset utilization and stronger profitability for the company.