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.
Peer comparison
Dec 31, 2024