Lantheus Holdings Inc (LNTH)

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 312,442 427,612 428,476 460,534 326,661 104,096 33,371 -17,702 28,067 107,037 32,390 -37,325 -71,279 -34,476 -27,447 -7,802 -13,473 389 11,631 25,055
Total assets US$ in thousands 1,980,340 2,049,630 1,939,830 1,831,330 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
ROA 15.78% 20.86% 22.09% 25.15% 19.78% 6.84% 2.49% -1.31% 2.12% 9.77% 3.19% -4.00% -8.25% -4.07% -3.20% -0.93% -1.55% 0.04% 1.32% 6.20%

December 31, 2024 calculation

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

Lantheus Holdings Inc's return on assets (ROA) has displayed significant fluctuations over the reported periods. The ROA started positively at 6.20% as of March 31, 2020, but progressively declined to negative figures by December 31, 2021. During this period, the company's assets were not generating sufficient returns to cover its operating expenses and/or debt obligations.

However, starting from June 30, 2022, Lantheus Holdings Inc managed to reverse this trend, showing consistent improvements in its ROA. This turnaround was particularly notable in December 31, 2023, and March 31, 2024, where the ROA reached high levels of 19.78% and 25.15%, respectively. These figures indicate that the company was able to effectively utilize its assets to generate profits during these periods.

In the latter part of the data set, the ROA remained relatively stable, hovering around the range of 15% to 25%. This suggests that Lantheus Holdings Inc was able to maintain its asset efficiency and profitability levels, ensuring a healthy return on investment for the company's stakeholders.

Overall, the analysis of Lantheus Holdings Inc's ROA underscores the importance of consistently monitoring and improving asset utilization to drive profitability and financial performance.